Like other pieces of similar research, it too concludes that the value in hiring a financial advisor is more than just money management. Financial advisors often function as a behavioral coach for their clients. I like to think they keep your financial train on the right track, avoiding obstacl...
1. Financial Advisers are Salespeople. I know. I'm a financial adviser. We sell products and ideas. We sell baby….we sell. In fact, most of our training is in sales, not financial planning and not investment management. If you read “How to Become a Financial Planner” you realize th...
Why You Should Skip A Financial Advisor And Learn To Manage Your Money YourselfDavid Ning
Five years after the global financial crisis of 2008 the U.S. economic recovery seems to many to be back on track. But what about you? Are your financial goals on track? What is the one thing you should ask your financial advisor right now to make sure you reach them?
Navigating business startup cost deductions can be tricky. Be sure to talk to a financial or tax advisor to learn more about your specific situation. Sign up for thePayPal Bootcamp. In partnership with three expert business owners, the PayPal Bootcamp includes practical checklists and a short vi...
"you don't need to worry about me retiring." "sure, you can retire in 15 years." "i talk a lot." "it's only money." "i offer a guaranteed rate of return." nothing in investing is guaranteed. anytime a financial advisor says they can provide a "guaranteed rate of return," it...
How much should I have in savings for retirement, you ask? It’s important to realize that preparing for retirement requires different strategies than your emergency and targeted savings. You’ll want to work with a financial advisor to determine a personalized strategy and tomake a retirement bu...
While we all shelter in place, I think this is a great opportunity to take a look at this," Kelly suggests. It can be difficult to estimate spending amounts, but Kelly advises this is a step in the right direction. "If you do most of your spending on your debit or credi...
A financial planner is a specific type of financial advisor. A financial planner assists individuals with long-term financial goals that cover a wide array of areas, from retirement planning to estate planning to investing to saving for a child's college fund. A financial advisor, on the other...
In general, a financial advisor's job is to help each of their clients secure enough money to spend during their lifetime, but a person may also hire a financial advisor for a specific goal, such as funding their children’s college education or buying a vacation home. When deciding on a...