Financial Planners - Bellwood

A lot of people question why anyone would pay dollars to a financial consultant when a whole lot free financial tips can be found in books, on the Internet etc. The prime reasons are accuracy and reliability, accountability and customization.

Why Free Financial Advice Might be Dangerous

Of course, plenty of financial information is available online and other places. But, the issue will lie upon accuracy and reliability. It is extremely hard to determine what is correct and suitable for your individual needs and objectives. It is obvious that what is right for your good friend might not be good for you. If you make financial choices depending on free financial advice that is inappropriate to your requirements and goals, it could be detrimental for your financial well being.

The main problem with free of charge financial advice is that they have no knowledge about your individual financial situation, ambitions etc. They are not aware of your own risk tolerance or time horizon. They offer one size fits all financial guidance. One more significant danger is that these types of free financial tips are without recourse. If such free advices lead you to lose money, you haven't any recourse. It is always more expensive than expert advice.

Just what is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors

The number one advantage of hiring a certified planner is they see your financial situations as a whole. He'll study every single aspect of your financial life. Having a sound knowledge of your risk appetite, your outstanding liabilities, your needs and requirements, he'll develop financial suggestions which will take care of each aspect in total. Hence, a Certified Financial Planner® makes your financial life better.

A Certified Financial Planner® is a financial advisor who meets the requirements set up by the CFB Board of Standards. Certified planners are taught to produce extensive financial plans. They access your financial situation, troubleshoot problem areas and recommend appropriate options. They help you with a wide selection of financial decision making. A Certified Financial Planner® should be expertise in a variety of investment practices, insurance, retirement accounts, taxes etc.

What to Look for When Picking a Certified Financial Planner® From GC Financial Advisors Ltd. – Bellwood

You should select a Certified Financial Planner® because you will be working quite closely with your financial adviser from GC Financial Advisors for quite some time! Make sure to know what services will be provided, and what their responsibilities will be.

For more details, please feel free to contact us at any time and we will be happy to help you!