How a Licensed Financial Planner can Help You

How a Licensed Financial Planner can Help You

1. Offer Personalized Service

2. Act as a Financial Coach

3. Help Conceptualize Your Goals

4. Road Map to Achieve Financial Goals

5. Selection of Correct Financial Tools

6. Proactive Management

Things to Consider Before Engaging a Financial Planner

1. Know What You Want and Expect from a Financial Planner

2. Knowledge of Financial Matters

3. Degree of Involvement in Achieving Financial Goals

4. Complexity of Financial Situation

5. Relationship with Financial Planner

6. Budget Constraints

7. Familiarize Yourself with Terminologies and Concepts

8. Obtain Referrals and Interview More Than One Planner

9. Check the Planner’s Background and Obtain References

10. Get It in Writing

11. On-going Monitoring of Financial Plan

What to Look for in a Financial Planner A Reputable Financial Planner Should Possess the Following Qualities:

1. Be Licensed by the Securities Commission

2. Possess Qualifications Recognized by Regulatory Bodies

3. Have Adequate Experience

4. Be Trustworthy and Open

5. Disclose the Compensation Structure

6. Be able to Provide On-going Service

7. Assess Your Existing Financial Situation and Identify Your Personal and Financial Goals

8. Explain the Pros and Cons of Various Options and Products

9. Refer to Other Professionals

10. Periodically Evaluate Your Plans