HBA Financial Advisors

Risk management is the technique or profession of assessing, minimizing, and preventing accidental loss to a person or business through the use of financial tools such as savings or insurance.

At HBA we do a comprehensive assessment to determine the risk management tools that our clients need to remain fully protected.

Emergency Fund- Everyone needs such a fund in their financial emergency kits; however, the amount needed varies from person to person. Our advisors recommend 3 to 6 months of some necessary expenses. Contact an advisor today should you have concerns about how much your family needs.

Salary Stabilization Fund- People in certain industries have variable streams of income, but their expenses may not be variable. Balancing income and expense is an important factor to a person's financial success and may cause problems when it's not properly maintained. Salary stabilization funds help professionals with variable incomes cushion this variability and provide a stable stream of income that keeps their lives steady and predictable.

Life Insurance- The death of a loved one can be a catastrophic event. The financial effects of such an event can impact family life and dynamics. Being prepared for such an eventuality alleviates the financial stress in such emotional times. Obtaining life insurance protects your family from facing a financial crisis while they are in a state of mourning. Our advisors are here to answer questions about life insurance as well as recommend which insurance is adequate for your needs. An HBA Financial Advisor can clear up the confusion and get you the coverage you need without adding unnecessary costs.

Disability Insurance- A disability in the family has a staggering effect on a person's finances. We believe that disability insurance is a great way to cushion your family if such an event should occur. A cash flow analysis is the best way to determine your family's insurance need.

Long-Term Care Insurance- Most individuals will have a need for additional care at some point in their lives. Long-Term Care Insurance is a way to prepare for the future when we need facilities such as a nursing home, home health care, and other provisions. Preparing for this time now by obtaining insurance is a great gift for your kids. This gives your children the freedom to live their lives as you plan how you want to live yours.