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What you should look for in a financial planner
 There
is no shortage of financial resources competing for your business.
Stockbrokers, commodity brokers, mutual funds salespeople,
insurance agents, financial advisors and more - there’s
a long list of those who claim to be able to help you make
money.
Where should you go? Who should you turn to? Most important,
who can you trust? It’s not an easy decision. But your
financial future can depend on it so it is certainly an important
decision.
Given the variety of choices available to you, it might be
helpful to have a few suggested guidelines. For example .
. .
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You should deal with someone who has recognized professional
designation as a financial planner
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But do be careful. Just because someone has a certificate
does not necessarily mean that they will do a good job
for you.
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Your relationship with your financial planner must be
based on trust. Someone who is referred by a friend or
relative may work out just fine. But just because your
friend or relative gets along well with someone is no
guarantee you will. You should always spend some time
with them before you commit to any arrangement.
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You don’t just want a “money manager”.
You want someone who can give you advice and assistance
over a broad range of financial solutions and who can
also provide access to specialized financial services
or products you may need.
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Some people may call themselves financial planners, financial
advisors, financial consultants, etc. Keep in mind that
many are simply commissioned salespeople whose job is
to sell you financial products. If you want a “financial
planner”, you should insist on proper accreditation.
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You have to be careful because some people will try to
sell you a high commission financial product that may
not be what your situation requires.
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Make sure that whoever you deal with learns enough about
you. If someone doesn’t begin by taking a long hard
look at your current financial situation and what your
goals and dreams are for the future, tell them goodbye.
Important information about our financial planning services can be found at the bottom of our
homepage.
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