Need help planning your finances? Here are a few helpful tips to find the right financial planner for you.
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So you've decided you want to get some help planning your finances.
Maybe something big has happened in your life.
New job, marriage, new child, divorce, you've gotten some money.
Whatever it is, you've decided now is the time to work with a financial planner.
So how do you make sure they are the right planner for you?
Well, here are a few things to consider.
Number one: do they ask about you?
Great financial planners want to know all about you, not just your money.
They are there to support your life, your goals, so take note.
Do they ask about your family, work, travel, education, house, life plans?
What are you excited about?
What are you concerned about?
Great planners want to discover what truly matters to you.
Number two: do they tell you enough about them?
What do they say about their experience, their qualifications?
What kinds of clients do they work with?
How do they make investment recommendations?
Financial planning is a hands-on process.
You want to make sure they can handle it all, investments, retirement, taxes, and ask when and how they get paid and make sure that you are getting value for what you pay.
Number three: do they help you understand where you are financially?
In order to get somewhere, you need a road map, but, first, you need to know where you are starting.
So a great financial planner will help you take a financial selfie.
What do you have?
What do you earn?
What do you owe and what do you want to do?
And help you understand where you are and then what you need to do to get to where you want to go.
Number four: how often will they talk to you?
What kinds of updates will you get and about what?
Great planners will keep you posted on how you are doing, send you information that matters to you and let you know if you are on track to get where you want to go.
And most importantly, they'll work with you when something big happens in your life to make sure your plan fits your new reality.
Maybe something big has happened in your life.
New job, marriage, new child, divorce, you've gotten some money.
Whatever it is, you've decided now is the time to work with a financial planner.
So how do you make sure they are the right planner for you?
Well, here are a few things to consider.
Number one: do they ask about you?
Great financial planners want to know all about you, not just your money.
They are there to support your life, your goals, so take note.
Do they ask about your family, work, travel, education, house, life plans?
What are you excited about?
What are you concerned about?
Great planners want to discover what truly matters to you.
Number two: do they tell you enough about them?
What do they say about their experience, their qualifications?
What kinds of clients do they work with?
How do they make investment recommendations?
Financial planning is a hands-on process.
You want to make sure they can handle it all, investments, retirement, taxes, and ask when and how they get paid and make sure that you are getting value for what you pay.
Number three: do they help you understand where you are financially?
In order to get somewhere, you need a road map, but, first, you need to know where you are starting.
So a great financial planner will help you take a financial selfie.
What do you have?
What do you earn?
What do you owe and what do you want to do?
And help you understand where you are and then what you need to do to get to where you want to go.
Number four: how often will they talk to you?
What kinds of updates will you get and about what?
Great planners will keep you posted on how you are doing, send you information that matters to you and let you know if you are on track to get where you want to go.
And most importantly, they'll work with you when something big happens in your life to make sure your plan fits your new reality.
