HOW TO WORK WITH A FINANCIAL PLANNER
WANT A FINANCIAL PLAN?
THEN WORK WITH A FINANCIAL PLANNER
As a Financial Planner, I am often asked: How much money do I need to work with you, OR do you require a minimum amount of assets? It’s easy to understand why that question is asked so often. Traditionally, the financial services industry has placed a greater emphasis on what money/assets you have now vs. what you are trying to build and/or will have in the future. Oftentimes, there is less focus on strategic and goal-based planning. Well, this is changing. True financial planning is about helping individuals make better financial decisions to achieve their personal financial goals. This includes creating a better understanding of budgeting and cash flow needs, how to update one's credit scores, employee benefits, investment strategies, estate planning, risk management, tax planning, and of course, personal and financial planning.
A CERTIFIED FINANCIAL PLANNER® professional helps people identify and prioritize their goals; create roadmaps and blueprints to guide them and check in with them to monitor their progress. In short, Financial Planners act as your personal Chief Financial Officer. When it's all said and done, what’s most important is what you need and how the financial professional will work with you.
In addition, be sure to do a background check on your financial professional. Here are two sites that you should visit to learn more about the financial professional you are either currently working with or are planning to work with. You simply need to put in the advisor's name and location. Here you will be able to view their history, current employment status, licensing and registration information, and most importantly, view if there are any disclosures such as consumer complaints and/or regulatory violations:
SECURITIES AND EXCHANGE SITE
At the end of the day, working with a Financial Planner can assist in meeting your financial goals. Just do your homework first and make sure you've picked the right professional to work with.