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Frequently Asked Questions


What is a Financial Advisor And What Do They Do?


A  financial advisor is a professional who helps individuals and businesses manage their finances, create wealth-building strategies, and plan for future financial goals. 

At Hampton Square, we create comprehensive financial plans covering investments, retirement, taxes, estate planning, and insurance—all aligned with your faith values.

We actively screen your portfolio to eliminate investments in companies who profit from, or philanthropically contribute to, tobacco, pornography, abortion, and gambling, while still pursuing competitive returns.

We provide ongoing guidance to keep your wealth management consistent with both your financial goals and your beliefs.



How Much Does A Financial Advisor Cost?

Financial advisors typically charge for their services in one of these ways:

  • Fee-only: These advisors charge based on a percentage of assets under management (typically 0.5%-1.75% annually, depending on asset level), an hourly rate ($200-$400/hour), or a flat fee for specific services ($1,000-$3,000 for a financial plan).
  • Commission-based: These advisors earn commissions from financial products they sell you, like mutual funds, insurance policies, or annuities.
  • Fee-based: A hybrid model where advisors charge both fees for service and earn commissions on products sold, where appropriate and in the best interest of the client.

At Hampton Square, the fee for assets under management includes comprehensive financial planning and values-aligned portfolio management, as well as access to our team when life or the markets change.

When evaluating cost, consider the value received in expertise, time saved, and potentially improved financial outcomes. Hampton Square offers free initial consultations to discuss their services and fee structure.

When should I hire a financial advisor?

Consider hiring a financial advisor during these key life stages and situations:

Life Transitions:

  • Getting married or divorced
  • Starting a family
  • Receiving an inheritance or large sum of money
  • Changing careers or starting a business
  • Approaching or entering retirement
  • After the death of a spouse

Financial Complexity:

  • Your net worth exceeds $250,000 or annual income exceeds $100,000
  • You own a business or have equity compensation
  • You need tax optimization strategies
  • You're concerned about estate planning
  • Your financial situation involves multiple accounts and asset types

The best time to hire an advisor is before you desperately need one.

Building a relationship early allows the advisor to understand your full financial picture and provide more tailored, proactive guidance when major decisions arise.














Local Considerations

Local Considerations

Are there advantages to working with a local advisor in the Sparta/ Sussex County area?

Local advisors understand New Jersey's tax implications, including state income taxes and estate planning considerations. They're also familiar with regional employers, local real estate markets, and can meet face-to-face when needed.

How do New Jersey state taxes affect my financial planning?

New Jersey has some of the highest property taxes in the nation and significant state income taxes. A local advisor can help optimize your tax strategy, including considerations for retirement account withdrawals and potential relocation planning.

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