Financial Planner - Medinah

Most people question why anyone would pay money to a financial advisor when a great deal of 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 May be Dangerous

Needless to say, countless financial facts are available on the internet along with other sources. But, the issue lies on accuracy and reliability. It is extremely hard to determine what is correct and suitable to your individual requirements and objectives. There's no question that what is befitting for your good friend might not be best for your needs. If you make financial choices based on free financial advice that is inappropriate to suit your needs and objectives, it could be harmful to your financial well being.

The major problem with free financial advice is that they don't know anything about your individual financial situation, objectives etc. They're not aware of your own risk tolerance or time horizon. They provide one-size-fits-all financial guidance. One more major danger is that these types of free financial tips are without recourse. If these kinds of free advices lead you to throw money away, you haven't any recourse. It will always be more costly than expert consultancy.

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

The main advantage of employing a certified planner is they see your financial situations overall. He will study each and every facet of your financial existence. Having a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he will come up with financial suggestions that will care for each and every aspect in total. Therefore, a Certified Financial Planner® makes your financial life superior.

A Certified Financial Planner® is a financial advisor who fulfills the requirements established by the CFB Board of Standards. Certified planners are trained to create extensive financial plans. They access your financial situation, troubleshoot problem areas and recommend suitable choices. They assist you with a wide selection 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 Picking a Certified Financial Planner® From GC Financial Advisors Ltd. – Medinah

It is important to select a Certified Financial Planner® because you will be working very closely with your financial adviser from GC Financial Advisors for quite some time! Be sure to be aware what services will be provided, and what their responsibilities will be.

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