Financial Planning - Lansing, IL
Many people wonder why anyone would pay cash to a financial consultant when so much free financial advice is available in books, on the Internet etc. The top reasons are accuracy, accountability and personalization.
Why Free Financial Advice Could be Risky
Of course, countless financial facts are available on the internet along with other sources. But, the issue will lie upon accuracy. It is nearly impossible to determine what is accurate and appropriate to your individual requirements and targets. There's no question that what's befitting for your good friend may not be best for you. If you make financial choices based on free financial advice that is inappropriate to meet your needs and goals, it could be detrimental to your financial well being.
The major problem with free financial advice is that they have no knowledge regarding your individual financial situation, objectives etc. They are unaware of your risk tolerance or time horizon. They offer one size fits all financial advice. Another big risk is the fact 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 consultancy.
What exactly is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors
The prime good thing about employing a certified planner is that they see your financial situations as a whole. He'll study each and every aspect of your financial existence. With a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he'll come up with financial recommendations that will care for each and every aspect in total. Hence, a Certified Financial Planner® makes your financial life much better.
A Certified Financial Planner® is a financial advisor who meets the requirements established by the CFB Board of Standards. Certified planners are taught to create extensive financial plans. They access your financial situation, troubleshoot troublesome areas and suggest appropriate options. They help you with a wide selection 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 Picking a Certified Financial Planner® From GC Financial Advisors Ltd. – Lansing, IL
It is important to pick a Certified Financial Planner® as you will be working quite 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 info, please feel free to contact us at any time and we will be happy to help you!
