At its core, insurance shifts your risk to others. You purchase insurance to protect yourself from an unlikely financial loss you cannot afford to sustain. Insurance spreads pooled risk among all those insured. As a necessary risk management tool, insurance by its nature costs more than it pays in benefits. You should have the right coverage which is neither too little nor too much.
You’ve worked hard to provide for your family and build your wealth, so it’s important to make sure you’re protected when life’s unexpected events occur. This is where proper insurance planning and risk management come into play. This is a critical component of any comprehensive financial plan.
You and your financial advisors have worked hard to build a personalized financial plan for growing your assets and achieving your long-term goals. How you choose to protect those assets should be just as strategic and aligned with your overall plan. Our team will help review your current insurance policies to make sure they’re up-to-date, check for gaps in coverage, and assess and compare plans. We provide you with prudent insurance guidance and options that align seamlessly with your wealth management strategy and comprehensive financial plan.
Our financial advisors often find clients with insufficient coverage are also paying too much. Policy provisions may exclude certain types of loss and property value definitions may limit the ability to replace lost possessions. We make sure that you have adequate catastrophic coverage in place, without paying more than needed to cover that exposure.
Because we are fiduciary financial advisors and want to remain unbiased and free from conflicts of interest, we do not sell commission products like insurance policies. However, we will gladly work closely with your insurance agent to ensure your financial plan is aligned with your insurance needs. If you do not have an insurance agent, and would like to engage one, we have several strategic partnerships with insurance agencies in the Houston area. We can certainly coordinate that engagement and will continue working with them on your behalf in the future. At the end of the day, our wealth advisors are here to help you find the insurance planning solutions that are right for your specific situation.
4400 Post Oak Pkwy #200
Houston, TX 77027
Financial Synergies Wealth Advisors is a fee-only, fiduciary Financial Advisor in Houston, Texas. We specialize in wealth management services, including comprehensive financial planning and investment management.
For more than thirty years we’ve been serving the financial needs of individuals, families, and businesses in Houston, Texas and around the country.
Wealth Management Services include financial planning, retirement planning, investment management, tax planning, insurance planning, estate planning, and company retirement plans.
Find out if we’re a good match for your financial planning and investment management needs. We offer a free, no-obligation consultation to help us get to know each other. We can meet by phone, in-person, or online.
4400 Post Oak Pkwy #200
Houston, TX 77027
Financial Synergies Wealth Advisors is a fee-only, fiduciary Financial Advisor in Houston, Texas. We specialize in wealth management services, including comprehensive financial planning and investment management.
For more than thirty years we’ve been serving the financial needs of individuals, families, and businesses in Houston, Texas and around the country.
Wealth Management Services include financial planning, retirement planning, investment management, tax planning, insurance planning, estate planning, and company retirement plans.