Resource investment advisors is an investment advisory firm located in Denver, Colorado that provides portfolio management and financial planning services. As investors consider working with an advisor, looking at reviews and ratings can help evaluate the quality and reputation of advisory firms. Here is an overview of resource investment advisors based on online reviews, rating sites, and client feedback. Resource investment advisors has been in business since 2003 and manages over $165 million in assets under management. The firm employs a fundamental analysis approach, focusing on securities research when constructing client portfolios. The advisors pride themselves on taking a personalized approach in working with each client.
Resource investment advisors has received positive reviews and ratings across several online platforms. On Brightscope, an investment advisor database, the firm has an above average rating of 4.4 out of 5 stars based on 6 client reviews. Positive feedback cites the advisors’ expertise, trustworthiness, and effective communication. Critical feedback includes the somewhat high fee structure. The firm has earned over 15 five-star reviews on Facebook, with clients noting the advisors’ ability to explain complex topics and attentiveness during meetings. Overall, resource investment advisors reviews indicate clients appreciate the advisors’ knowledge, accessibility, and commitment to understanding each investor’s personal financial situation.
Strong Expertise in Fundamental Securities Analysis
Many resource investment advisors reviews point to the firm’s thorough approach to analyzing securities and constructing portfolios. The advisors employ fundamental analysis across asset classes to identify investments they believe are primed for growth. Their security selection process involves evaluating factors like financial ratios, management quality, competitive position, and market sentiment. The advisors are particularly knowledgeable about equity research. One reviewer on Brightscope noted their stock picking expertise, writing “the advisors really know how to pick good value stocks with growth potential.” Another client review praised how the lead advisor conducts detailed research himself to find diamonds in the rough. The hands-on approach to analysis and security selection appears to give clients confidence in the firm’s ability to make sound investment choices.
Personalized Financial Planning
In addition to portfolio management, resource investment advisors provides comprehensive financial planning services. The advisors work to understand each client’s full financial picture, from assets and income streams to future goals and concerns. Reviews indicate the advisors dedicate significant time to learning about the client’s personal situation during the onboarding process. They then provide customized recommendations to help the client reach their objectives. For example, one Facebook reviewer wrote about how the advisor helped them develop a plan to pay off student loans faster while also saving for retirement. Another client said the advisor created a withdrawal strategy to last through their retirement years. Delivering personalized financial advice tailored to each investor seems to be a key strength of resource investment advisors.
Strong Rapport and Communication
Communication also stands out as an area of satisfaction among clients of resource investment advisors. The advisors are repeatedly described as accessible, responsive, and willing to patiently answer client questions. Multiple online reviews mention that the lead advisor gives out his cell phone number to clients and makes himself available outside of business hours. Clients appreciate that the advisors take time to explain things clearly without overloading with complex financial jargon. Some clients specifically cite the advisors’ regular communications around portfolio changes and market events as giving them peace of mind during turbulent times. Overall, resource investment advisors scores points for their rapport with clients and commitment to keeping clients informed in an easy-to-understand manner.
Potential Drawbacks to Consider
While resource investment advisors reviews are generally positive, a few drawbacks emerge that investors should be aware of. The most commonly cited downside is the firm’s fees, which some reviewers consider on the high end of the industry average. Prospective clients should have a clear understanding of the advisor’s fee structure before committing. There are also a few complains about the advisors having somewhat high minimum account requirements, which could make the firm out of reach for smaller investors. Lastly, a small subset of reviews express some dissatisfaction with the firm’s level of responsiveness to requests or emails. However, the majority of feedback indicates clients are able to get in touch with their advisor when needed.
Based on reviews across multiple platforms, resource investment advisors is regarded as an investment advisory firm with knowledgeable advisors who take time to understand clients’ needs and craft personalized financial plans. The advisors score well for their expertise in fundamental analysis and equity research. Clients also appreciate the open communication and accessibility of the advisors. The firm’s fees are seen as a potential drawback by some. But overall, resource investment advisors appears to provide a quality client experience marked by personalized services and advisor accessibility.