The Financial Planning Blog
Your go-to financial planning and wealth management resource, whether you're just getting started or well on your way to a financially secure future.
An investment broker is the same as a financial advisor, right? Wrong. If you’re new to the search for a qualified financial expert to help you plan for and manage your money (regardless of your stage in life), you may not be privy to the fact that there are differences between types of financial professionals, and that these distinctions can be very important. Take, for example, the decision over whether to choose an investment broker or an independent financial advisor. You probably didn’t even realize these were two separate options.
As a parent, if there is one thing I hope I’ve passed on to my daughters—it’s that no matter where you are in life, there are principles which can ultimately determine whether you live with fulfillment or regret. To help you create a clearer path in the right financial direction, here are 5 rules that will help empower every woman—regardless of circumstance or age.
Use this free workbook to gather a comprehensive list of all information pertaining to your family’s current financial picture!
You’ve made the proactive decision to seek the professional guidance of a financial advisor who can help you make a plan, manage your accounts, invest your money and gain some real peace of mind. You’re headed in the right direction to achieve your financial goals by taking this important step. With your meeting on the horizon, however, you may be wondering whether you’re fully prepared with all of the necessary financial documentation to have the most productive appointment.
Your mortgage, your loans, your savings, your retirement plan, your investment portfolio, your kids’ college funds, your taxes, your estate – these are all very real pieces of your overall financial picture, and figuring out how they all fit together to create fulfillment and peace of mind can feel like a never-ending exam in mathematics and law. Even if you’re only managing some of these financial components, the burden can contribute to significant stress in your everyday life. Is partnering with a financial advisor the answer?
You understand the importance of partnering with an experienced, qualified financial advisor to help keep your financial goals on track and gain real clarity over the money matters affecting you and your family. You’ve done the work to research and vet those professionals that share a common philosophy around money management and align with your own principles. Now what?
For some people, especially those new to the experience of working with a financial advisor, the prospect of meeting with a firm can be daunting and stressful. But it’s important to do so on a regular (at least annual) basis to discuss the realities of your financial outlook. With an informed approach to preparing for this meeting, you can achieve greater peace of mind and make the most of your time together. Here are four expert tips for tackling your meeting preparation and coming to the appointment with a more enlightened perspective.