| How can a financial planner help me? | | | | to the point. Therefore, give him a detailed report on |
| The biggest way a financial planner can help you is by | | | | your current personal and financial situations, your |
| offering advices on a wide array of financial topics | | | | long- as well as short-term goals, data on your |
| that shall help you gain a stable financial future. | | | | current investments (if any), any amount that you |
| However, any finance-related advice requires a | | | | have kept separate for making an investment, your |
| combination of several small components to be | | | | risk tolerance capacity, any debts that you may have |
| mentioned by you that are best described as financial | | | | incurred, information on your insurance, your will and |
| details; the financial planning expert, in return, shall | | | | of course, about any immovable property that you |
| either ask for a flat fee or an hourly payment. The | | | | may be owning. |
| topics that a financial planner is expected to cover | | | | What training does a financial planner have? |
| (but not limited to) are:i. Realistic procedures for | | | | If you are residing in Canada, know that there are no |
| setting realistic goals. ii. Initiatives that need to be | | | | fixed training courses offered for the financial |
| taken to achieve the same. iii. The type of insurance | | | | planners. That makes picking out a financial planner a |
| to fit you the most. iv. Planning for your children's | | | | game of chance; however, for the US, certain |
| higher education. v. Retirement planning. vi. Estate | | | | designations like Certified Financial Planner (CFP), |
| planning. vii. Investments to facilitate financial growths. | | | | Personal Financial Planner (PFP), Chartered Financial |
| viii. Tax exemption methods. | | | | Consultant (CH.F.C) or Registered Financial Planner |
| What will I talk about with a financial planner? | | | | (RFP) are must. Still better, if the financial planners |
| If you two grow into friends, then you may on | | | | are registered under a regulatory body; you can |
| whatever topic (college-life crushes seem an | | | | receive an assured service that way. |
| interesting one); however, on your first meeting, it's | | | | Where can I find a financial planner? |
| better if you can keep your conversations curt and | | | | |