WealthCare Financial is a Florida-based financial advisory firm that works with various clients in Melbourne. Our wealth management team has over 25 years of experience in portfolio management.
Our staff consists of certified financial planners (CFP), financial advisors, CPAs, and other financial professionals. This assures we provide quality financial advice, based on your unique financial situation, that helps you feel safe about your financial future.
Wealth Management and Financial Planning From Experienced Financial Advisors
Finding the right firm to work with can be strenuous and is rated as one of the best financial planners in Melbourne gives you an opportunity to better your financial position. As independent advisors, our clients become the center of attention. We assess your financial objectives and offer non-biased recommendations that will make it easier for you to achieve your financial goals.
Our Financial Advisors’ Number One Priority Is Your Financial Goals
At WealthCare Financial, our financial advisers steer clear from the typical “cookie-cutter” approach and instead focus on your investment goals. A custom approach will help you make better financial decisions and give you peace of mind in knowing what to expect in the future.
Financial Planning Services We Offer in Melbourne, Florida
WealthCare Financial offers a fee-only service to avoid any conflicts of interest. Since we are not captive to any specific life insurance or investment company this will ensure that we put your interest ahead of all else.
Retirement Planning
Do you plan on staying in Melbourne when you retire or move away? There are many important factors to consider when planning for retirement.
Whether you’re just starting your career, a pre-retiree, or retired every conversation should begin with your retirement plan. This will ensure that any financial adviser you’re working with will make recommendations based on your best interest.
Estate Planning
If you have assets you need an estate plan! Creating a simple will or trust will help your family bypass high attorney fees, months-long court processing times, and most importantly avoid any fighting between family members. Our firm offers an in-house attorney service to assure your estate is properly set up.
Investment Management
At WealthCare Financial, our investment advisers recommend suitable investment strategies depending on your risk tolerance. Whether you’re looking for a tactical or strategic approach to your investments our money managers will help guide you.
Tax Planning
Does your financial adviser discuss tax loss harvesting or have annual conversations with your accountant/CPA? If not, this is a major risk to your financial security as taxes play an immense part in wealth creation.
Financial services for business owners in Melbourne
We help small business owners plan their financial futures through personalized asset management strategies that will help their investment grow.
We understand that the best investment a business owner can make is in their own business. Our financial advisers assist in helping you retain employees by offering employee benefits such as a 401(k) and employee financial education.
Other Financial Services We Offer
Aside from your prototypical financial products or investment advice, our advisory services specialize in helping with simple strategies including cash flow analysis, budgeting, and many other custom strategies to benefit your financial life.
Our Clients Trust Our Financial Advisors
WealthCare’s financial advisors have a fiduciary duty to provide clients with transparency in all phases of the relationship. In all cases, our financial advisors will share disclosures, FINRA, and member SIPC information.
A big part of financial success is trust in your financial advisor. Our clients trust us, here are some of our reviews from Google.
“Highly recommend Wealthcare Financial, very happy with their services. I have been working with Shaun and Mike for about 3 years now after being recommended to them by a friend. They have been helping me with my financial planning since graduating from residency. Great guys, trustworthy and knowledgeable. Easily accessible and quickly answer financial questions I have. They coordinate with my CPA to help make the best decisions for me. I always feel they have my best interest in mind. I am very grateful to have these guys on my team and I am in a much better position now than I was 3 years ago.”
DR. DAVID TRAFICANTE
“I have been working with Shaun Tarzy & Michael Boggiano in WealthCare Financial for almost a year. Managing personal finance while working in a busy job can always be stressful. It is a great relief to find someone knowledgeable and trustworthy who can help you. Both Shaun & Michael are very professional with solid work ethics. I value their advice, and strongly recommend them to anyone who is looking to grow their financial base.”
DR. MAYANK ROY
Common Questions We Get About Financial Planning
How do I find a good financial advisor in Melbourne?
Finding a good financial advisor can be hard. To start, check out their google reviews. Once you read through WealthCare Financial’s 5-star reviews dial their phone number and schedule a consultation. Lastly, you need to make sure you feel comfortable with who you’re working since the intention is to have a long-lasting relationship.
What is the normal fee for a financial advisor?
Fees can vary on the type of services you’re looking for. If you want to have a wealth advisor manage your assets you should expect a fee of 1.50% for anything under $1,000,000. Other accounts such as insurance products usually don’t have a fee attached unless the account is variable. Shopping around for the cheapest advisory fees is never a good idea.
Is it worth the money to hire a financial advisor?
Hiring a WealthCare financial adviser is always worth the money. The cost to hire a financial adviser is relatively low compared to the valuable information and education to achieve your financial goals. Hiring a financial advisor is not for everyone, but is important to be open to a free consultation to see if it’s needed.
What are the benefits of hiring a financial advisor?
Hiring a financial adviser will help you build strategies to accumulate your assets over time and avoid leaving money on the table. This is especially important for high net-worth individuals whom we help manage all aspects of their financial household.
What qualifications do financial advisors need to have?
The most important qualification for a financial advisor is experience. Having at least 5-10 years of experience will help find deficiencies in your plan, as well as, give you an understanding of the strategies that are implemented. Lastly, make sure your financial adviser is a fiduciary. A fiduciary is one who is required to act in your best interest.
What is the difference between a financial advisor and a financial planner?
Financial planners and financial advisors have similar roles. Typically, a financial planner will provide you with a financial plan for a fee whereas a financial advisor will usually manage your invested assets for a fee. All WealthCare advisors are experienced and actively engage on both sides for the benefit of the client.
Financial Planning & Fee Schedule
| Portfolio Value | Fee |
| $0 – $1,000,000 | 1.50% |
| $1,000,000 – $2,000,000 | 1.25% |
| $2,000,000 – $3,000,000 | 1.00% |
| $3,000,000 + | ≤ 0.75% |
Other Financial Planning Fees
On average a financial plan will take approximately 5 – 15 hours at $300/hour
Investment Plan: approximately 1-4 hours at $300/hour.
Solo 401(k): Initial cost $1,500 with an ongoing annual fee of $199/year.
Financial Planning Retainer: $199/month – $495/month depending on the complexity of the plan.