Financial Planners

Just like a personal trainer can work with you to improve your physical health, a financial planner can work with you to improve your financial health. A financial planner helps you set financial goals and create a way to achieve them.

You do not have to be rich to work with a financial planner. Today planners are more willing than ever to work with regular people. Some things to consider before hiring a financial planner include (in no particular order and by no means exhaustive):

  1. Does she or he have the CFP (Certified Financial Planner) designation?
  2. Is she or he willing to provide references of current and past clients?
  3. How many years of experience does she or he have as a financial planner?
  4. Does she or he offer a free initial consultation?
  5. Does she or he have current professional liability insurance?
  6. Is she or he a member of a professional association?
  7. Does she or he collaborate with other finance professionals with more specialized skills (e.g., investment pro)?
  8. Is she or he available for evening and/or weekend counseling sessions?
  9. Does she or he offer fee only, commission only or fee plus commission service payment options?

You can locate financial planners online, in your local phonebook, or you can ask family and friends who they use.
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