Financial Planning - Wheaton
Many individuals ponder why anybody would pay money to a financial consultant when a great deal free financial information is available in books, on the Internet etc. The top reasons are accuracy and reliability, accountability and customization.
Why Free Financial Advice May be Dangerous
Needless to say, countless financial facts are available on the internet and other sources. But, the issue lies on accuracy and reliability. It is nearly impossible to determine what is correct and suitable to your individual needs and targets. There isn't any doubt that what is befitting for your friend might not be best for you. If you make financial decisions based on free financial advice that is unsuitable to suit your needs and objectives, it could be damaging to your financial well being.
The major problem with free financial advice is that they don't know anything regarding your individual financial situation, goals etc. They're unaware of your risk tolerance or time horizon. They provide one-size-fits-all financial guidance. Another big danger is that these free financial tips are without recourse. If such free advices cause you to lose cash, you have no recourse. It is always more costly than expert advice.
Exactly what 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 overall. He will study every single aspect of your financial life. Having a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he'll come up with financial recommendations 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 create extensive financial plans. They access your financial situation, troubleshoot problem areas and suggest suitable possibilities. They assist you with a wide variety of financial decision making. A Certified Financial Planner® should be expertise in numerous investment strategies, insurance, retirement accounts, taxes etc.
What to Look for When Selecting a Certified Financial Planner® From GC Financial Advisors Ltd. – Wheaton
It is important to choose a Certified Financial Planner® as you will be working very closely with your financial adviser from GC Financial Advisors for quite some time! Be sure to be aware what services will be delivered, and what their responsibilities will be.
For more details, please don't hesitate to contact us at any time and we will be glad to help you!
