A financial or investment advisor can set you on the right path to retirement. However, these advisors don’t only help with this end goal. They can also offer guidance and strategies around buying a home, contributing to retirement accounts, saving up for your child’s college education, and other financial milestones.
It can be hard to find the right advisor for your financial objectives. However, Datalign can help. The company pairs you with registered investment advisory firms who are there to put you first and help with your financial goals. This Datalign Advisory review will unveil how they can help you, who it makes sense for, as well as other details surrounding the company.
What is Datalign Advisory?
Datalign Advisory is a financial advisory platform that matches you with a registered investment advisory firm to help you achieve your financial goals. Datalign is a fairly new company in the field. Co-founders Andrew Johnson, Hilary Malecha, John Wernz, and Robert Fisher launched the Datalign Advisory in 2022. Datalign is a registered investment advisor referral company that carefully screens advisory firms based on their disclosures and discipline history.
The Importance of Finding the Right Financial Advisor
The right financial or investment advisor can help you grow your income and use your money more effectively. These advisors can help you capitalize on various opportunities to lower your taxes and grow your portfolio. They can also offer insights on how to construct one. Some investors go for high-risk assets to generate maximum gains without considering the downside, and reality can sometimes hit them hard, but financial and investment advisors can ensure that that scenario never happens or at least is minimized.
Money management is complex, and some people can greatly benefit from a professional’s help. With the right one, you can be assured that any questions that you have about your finances or how to approach long-term goals are answered. Some advisors make themselves readily available so you can get clarity on any financial situation much sooner.
How Does Datalign Advisory Work?
Datalign Advisory partners with leading registered investment advisory firms nationwide and screens them to be part of their network. Once you use their platform, you are matched with one registered investment advisory firm where an investment advisor representative will reach out to you and speak about your goals. Here’s how the process works.
Tell Us About Yourself
Datalign Advisory has new users submit questionnaires that create more clarity. The questionnaire is straightforward and only takes a few minutes to fill out. By the time you complete the questionnaire, you will have a better understanding of your financial goals and preferences.
Find Your Match
Datalign Advisory looks through its curated registered investment advisory firms and pairs you with someone whose expertise aligns with your financial goals and situation. It’s easier to find a match with Datalign Advisory than it is to search for an investment advisor on your own.
You’re in Control
Datalign displays your match and gives you the option to have the investment firm contact you and set up a call. They protect your privacy above all else and don’t share your information with any other advisory firms.
What Does Datalign Advisory Offer?
Datalign Advisory offers quick access to the leading investment advisory firms that keep your interests front and center. You only have to fill out a short questionnaire, and then you will start to receive curated recommendations. You get a simple and fast approach that can help you find a qualified advisor much sooner. You won’t have to do the searching yourself, and you can jump on a free, no-obligation call with any advisor before using their services.
Datalign only shares your information with a registered investment firm if you want to work with them. You won’t have to worry about many advisory firms spamming your inbox. The company helps you save time and money while searching for an expert who can guide you to financial success.
Who is Datalign Advisory Best For?
Datalign Advisory is best for consumers who want guidance with their finances. These people may need help with lowering their taxes, saving for their children’s college education, retiring smoothly, or for another financial goal. Datalign Advisory also helps consumers who don’t want to compare many financial or investment advisors. The platform pairs you with an advisor who has the necessary expertise to help with your specific financial situation.
What are the Benefits of Datalign Advisory?
Datalign Advisory offers several perks. These are some of the key advantages of using the platform:
- Get matched with an experienced advisor: You can get paired with an expert who knows how to address your financial situation and objectives. These people have the right skills for your specific goals. Datalign works with a network of registered investment firms, which increases the likelihood of finding a top-tier advisor for your goals.
- Streamline the search: You only have to fill out a quick questionnaire. Then, Datalign Advisory will match you with a suitable registered investment advisory firm. Looking for an advisor on your own can take up a lot more time, and chances are, you may not find the best one for your needs.
- Datalign Advisory only works with fiduciaries: Fiduciaries are legally required to place your interests ahead of their own at all times. Not every advisor has this requirement, but every Datalign Advisory advisor must abide by their fiduciary obligations.
- Get help with your financial goals: Having an expert offer actionable tips and suggestions can make your financial goals more manageable. It’s easy to get lost in the paperwork or miss out on a little-known strategy or resource that can make your goals easier to reach.
Datalign Advisory Costs and Fees
Datalign Advisory is a free platform. It doesn’t cost any money to submit a questionnaire and get paired with a financial advisor. The advisor you’re matched with pays a small percentage of their advisory fees to Datalign Advisory. If you decide to work with your matched investment advisor, you will only have to pay the advisory fees that you and the advisor agree to.
What Makes Datalign Advisory Different?
Datalign Advisory offers a unique experience that can help you achieve your financial goals and pair you with the right experts. Here are some of the ways Datalign Advisory stands out.
- It’s a free platform: You don’t have to pay a membership fee or any expense to access Datalign Advisory’s network of investment advisory firms.
- No-obligation call: Just one investment advisory firm will contact you and invite you to jump on a no-obligation call. You can get a lot of information just from a no-obligation call and learn what it would be like to work with them. You can use this call to gauge if an advisor can help you, and it doesn’t cost anything.
- Your privacy remains intact: You can choose which advisor you want to work with. Datalign Advisory will not send your information to any other advisory firms unless you request it. You won’t have to worry about receiving a bunch of spam messages from an investment firm that you don’t recognize.
- Advisors are fiduciaries: All registered investment advisory firms on Datalign Advisory’s network are fiduciaries. This distinction legally requires the advisor to serve in your best interests. It’s an extra layer of protection from unethical practices.
- Investment advisory firms get pre-screened: Datalign pre-screens all of its advisory firms before letting them onto their network. They vet each one to understand their specialties and areas of expertise as well as check their disclosures and discipline history. This background information makes it easier for you to find the right match.
Is Datalign Advisory Worth It?
Datalign Advisory is worth it for many people. You can go through the questionnaire and jump on a free call with a financial advisor without paying any money. You can go through several steps and capitalize on the curation and screening that Datalign Advisory provides without making any investments.
If you decide to go with a recommended advisor, it’s easier to believe that the investment is worth it. Datalign Advisory can save you many hours of research due to its vast network of registered investment advisory firms.
How to Get Started with Datalign Advisory
Datalign Advisory has a quick questionnaire that can pair you with a suitable financial advisor. It only takes a few minutes to fill it out. After providing your information, Datalign Advisory will look through its database and find a financial advisor whose profile is most suitable and the best match for you. It’s easy and free to get started. You can fill out the questionnaire today and see who the platform recommends for you.
