Financial Planning - Lyons
Many people wonder why anyone would pay cash to a financial advisor when a great deal of free financial information is available in books, on the Internet and so on. The prime reasons are accuracy, accountability and customization.
Why Free Financial Advice May be Dangerous
Needless to say, countless financial information is available on the net and other sources. But, the issue lies on accuracy. It's extremely hard to determine what is correct and suitable for your individual needs and targets. It is obvious that what's suitable for your good friend might not be good for you. If you make financial choices according to free financial advice that is inappropriate to suit your needs and objectives, it could be harmful for your financial well being.
The main problem with free financial advice is that they do not know anything about your individual finances, goals and so on. They're unaware of your risk tolerance or time horizon. They provide one-size-fits-all financial guidance. Yet another major danger is that these free financial strategies are without recourse. If such free advices lead you to lose money, you have no recourse. It will always be more costly than expert advice.
Exactly what is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors
The number one advantage of employing a certified planner is that they see your financial situations overall. He will study every single aspect of your financial life. With a sound knowledge of your risk appetite, your outstanding liabilities, your needs and requirements, he'll develop financial recommendations which will manage each aspect in total. Hence, a Certified Financial Planner® makes your financial life superior.
A Certified Financial Planner® is a financial advisor who meets the requirements established by the CFB Board of Standards. Certified planners are trained to develop comprehensive financial plans. They access your finances, troubleshoot troublesome areas and recommend proper options. They help you with a wide variety of financial decision making. A Certified Financial Planner® should be expertise in a variety of investment practices, insurance, retirement accounts, taxes and so on.
What to Look for When Selecting a Certified Financial Planner® From GC Financial Advisors Ltd. – Lyons
It is important to select a Certified Financial Planner® because you will be working quite closely with your financial planner from GC Financial Advisors for quite some time! Be sure to know what services will be provided, 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!
