Frequently asked financial services questions

Financial services are a very technical field. If you’re confused, you’re not alone. Check here for the answers to some of the most frequently asked financial questions.

WHAT IS TAX EFFICIENCY?

A financial process is tax efficient if it is taxed at a lower rate than a process that achieves the same results.

WHAT DOES FIDUCIARY MEAN?

JC Financial is a fiduciary. A fiduciary is a legal standard by which we must employ the highest standard of care when advising clients on their money.

ARE YOU FEE OR COMMISSION BASED?

Both fee-based and commission-based advisors will analyze your investment portfolio. A commission based advisor gets paid when they open an account for a client on the sale of a financial product. They’re paid by the company selling the product. A fee based advisor, on the other hand, collects a flat fee or percentage of assets from their client, and has a fiduciary duty to their client over any other broker or institution.

HOW DO WE GET STARTED?

Give us a call and we can setup a free consultation to discuss how we can best help you succeed.

Navigating the ins and outs of income taxes or owning a business can be difficult, no less finding the right information. That is why we have brought together some useful links to help you map your way to success.

Looking for dependable, accurate bookkeepers in Loomis, CA? Can’t find the answer in our resources or faq? Get your finances in order by giving us a call, email or visiting us today!