Financial Planning - Harwood Heights, IL
A lot of people wonder why anybody would pay money to a financial advisor when so much free financial advice can be found in books, on the Internet etc. The prime reasons are accuracy and reliability, accountability and customization.
Why Free Financial Advice May be Dangerous
Needless to say, plenty of financial facts are available online and other places. But, the issue will lie upon accuracy and reliability. It's extremely hard to determine what is accurate and appropriate to your individual requirements and targets. There isn't any doubt that what is suitable for your good friend may not be right for you. If you make financial decisions depending on free financial advice that is inappropriate to meet your needs and goals, it could be harmful to your financial well being.
The major problem with free financial advice is that they have no knowledge regarding your individual finances, objectives etc. They are unaware of your own risk tolerance or time horizon. They provide one-size-fits-all financial advice. Another big risk is that these types of free financial advices are without recourse. If such free advices lead you to lose cash, you have no recourse. It is always more pricey than expert consultancy.
Exactly what is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors
The main advantage of employing a certified planner is that they see your financial situations as a whole. He will study every single aspect of your financial life. With a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he will develop financial suggestions that will take care of each and every aspect in total. Hence, a Certified Financial Planner® makes your financial life better.
A Certified Financial Planner® is a financial advisor who satisfies the requirements set up by the CFB Board of Standards. Certified planners are trained to produce extensive financial plans. They access your finances, troubleshoot problem areas and propose suitable solutions. They assist you with a wide array of financial decision making. A Certified Financial Planner® should be expertise in various investment strategies, insurance, retirement accounts, taxes etc.
What to Look for When Selecting a Certified Financial Planner® From GC Financial Advisors Ltd. – Harwood Heights, IL
It is important to choose a Certified Financial Planner® because you will be working very closely with your financial adviser from GC Financial Advisors for a long some time! Make sure to be aware what services will be delivered, and what their responsibilities will be.
For more information, please do not hesitate to contact us at any time and we'll be happy to help you!
