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Financial Planning - Glenview

Most people ponder why anyone would pay dollars to a financial consultant when a whole lot free financial tips can be found in books, on the Internet etc. The top reasons are accuracy and reliability, accountability and customization.

Why Free Financial Advice Can be Risky

Needless to say, plenty of financial facts are accessible on the internet along with other sources. But, the problem will lie upon accuracy and reliability. It is extremely difficult to determine what is correct and suitable to your individual needs and goals. There's no question that what's suitable for your friend may not be best for you. If you make financial decisions based on free financial advice that is inappropriate to suit your needs and goals, it could be detrimental to your financial well being.

The major problem with free of charge financial advice is that they have no knowledge regarding your individual financial situation, goals etc. They are not aware of your risk tolerance or time horizon. They provide one size fits all financial tips. Another major risk is the fact that these free financial advices are without recourse. If these kinds of free advices lead you to throw money away, you have no recourse. It will always be more expensive than expert advice.

Just what is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors

The number one good thing about hiring a certified planner is that they see your financial situations as a whole. He will study every single facet of your financial existence. With a sound knowledge of your risk appetite, your outstanding liabilities, your needs and requirements, he'll come up with financial recommendations that will care for each and every aspect in total. Hence, a Certified Financial Planner® makes your financial life much better.

A Certified Financial Planner® is a financial advisor who fulfills the requirements established by the CFB Board of Standards. Certified planners are taught to create extensive financial plans. They access your financial situation, troubleshoot problem areas and propose correct choices. They assist you with a wide range of financial decision making. A Certified Financial Planner® should be expertise in a variety of investment practices, insurance, retirement accounts, taxes etc.

What to Look for When Selecting a Certified Financial Planner® From GC Financial Advisors Ltd. – Glenview

You should choose a Certified Financial Planner® because you will be working very closely with your financial advisor from GC Financial Advisors for a long some time! Be sure to know what services will be provided, and what their responsibilities will be.

For more details, please feel free to contact us at any time and we will be glad to help you!

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