|
|
|
|
Financial Advisor Financial
advisors provide guidance on all aspects of your financial life,
including investments, estate planning, tax preparation and
planning, retirement planning and insurance. Some financial
advisors acquire one or more professional designations,
indicating that they have satisfied certain educational and
experience requirements. Examples of financial advisor
designations include: Chartered Financial Analysts (CFA),
Certified Financial Planners (CFP), Chartered Financial
Consultants (ChFC), and Certified Investment Management Analysts
(CIMA). Find a Financial Advisor It is an arduous process to find
a financial advisor. There are numerous time-consuming steps,
such as contacting friends and associates, getting references
from them, contacting the advisors they recommend, acquiring
basic information about those advisors, screening out the ones
that do not interest you, and finally meeting with advisors of
your choice. The Internet provides efficient resources to find a
financial advisor, which streamline this process significantly.
Some websites, like www.investortree.com and www.fpanet.org,
provide information and search tools to find a financial advisor.
Financial Plan A financial plan is useful for individuals and
businesses to organize the various aspects of their finances.
Typically, anyone with questions or concerns regarding
investments, estate planning, retirement planning, tax reduction,
education planning, or insurance could benefit from a financial
plan. A financial plan may include: retirement and cash-flow
goals, "what if" scenarios based on different circumstances, a
strategy for financing education, and a realistic plan for
achieving these objectives. Contact a financial advisor for
assistance with developing a financial plan. Retirement Planning
Retirement planning involves an assessment of an individual's
retirement needs and developing an appropriate plan. In general,
retirement planning will require an individual to forecast
benefits to be received, determine costs to be incurred during
retirement years and define the lifestyle that he or she would
like to enjoy. Many financial advisors have expertise with
respect to retirement planning, particularly 401(k) plans, IRAs
and annuities. Contact a financial advisor for assistance with
retirement planning.
Financial planners use the entire financial picture of an individual or family to create a financial plan or blueprint. This financial plan may be carried out by the individual, a stockbroker, a financial advisor or even the financial planner him/her self. Investment Broker An investment broker is an investment professional who deals with transactions (buy or sell) involving any investment instruments. Investment brokers are similar to stockbrokers in that they are generally not expected to provide financial advice, but they are expected to execute trades in these instruments on behalf of their clients. Unlike stockbrokers, investment brokers may deal with a large variety of investment instruments including private partnership shares, bonds, mutual funds, derivative instruments and other complex and varied investments. Financial Adviser Financial advisers provide guidance on all aspects of your financial life, including investments, estate planning, tax preparation and planning, retirement planning and insurance. Some financial advisers acquire one or more professional designations, indicating that they have satisfied certain educational and experience requirements. Examples of financial adviser designations include: Chartered Financial Analysts (CFA), Certified Financial Planners (CFP), Chartered Financial Consultants (ChFC), and Certified Investment Management Analysts (CIMA). Certified Financial Planner A Certified Financial Planner ™ is an individual who has been awarded this designation by the Certified Financial Planner Board of Standards (CFP Board). This designation signifies planners who are committed to competent and ethical behavior when providing financial planning services. Certified Financial Planner practitioners have taken the extra step to demonstrate their professionalism by voluntarily submitting to the rigorous certification process.
For more information about financial advisor,
please click on the link title below:
If you need more information about Planning, you will
find a very informative website at InvestorTree.
This Page is created by E-Commerce-Complete