Financial Planner - Westmont

A lot of people ponder why anybody would pay money to a financial advisor when a whole lot free financial information is available in books, on the Internet and so on. The prime reasons are accuracy and reliability, accountability and personalization.

Why Free Financial Advice Might be Dangerous

Of course, countless financial information is available on the internet and other sources. But, the issue lies on accuracy and reliability. It is extremely difficult to determine what is correct and appropriate for your individual needs and objectives. It is obvious that what is right for your friend may not be best for your needs. If you make financial choices according to free financial advice that is unsuitable to your requirements and objectives, it could be harmful for your financial well being.

The main problem with free of charge financial advice is that they don't know anything about your individual financial situation, objectives and so on. They are not aware of your risk tolerance or time horizon. They offer one size fits all financial advice. Another significant danger is the fact that these free financial advices are without recourse. If these kinds of free advices cause you to throw money away, you haven't any recourse. It will always be more costly than expert advice.

What exactly 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 as a whole. He'll study every single facet of your financial existence. Having a sound knowledge of your risk appetite, your outstanding liabilities, your needs and requirements, he'll develop financial recommendations that will take care of each aspect in total. Therefore, a Certified Financial Planner® makes your financial life better.

A Certified Financial Planner® is a financial advisor who fulfills the requirements established by the CFB Board of Standards. Certified planners are taught to produce comprehensive financial plans. They access your financial situation, troubleshoot problem areas and propose appropriate solutions. They help you with a wide range of financial decision making. A Certified Financial Planner® should be expertise in numerous investment practices, insurance, retirement accounts, taxes and so on.

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

It is important to select a Certified Financial Planner® because you will be working very closely with your financial advisor from GC Financial Advisors for quite some time! Make sure to know what services will be delivered, and what their responsibilities will be.

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