Financial Planner - Minooka, IL
Most people question why anyone would pay money to a financial advisor when a great deal of free financial tips is available in books, on the Internet etc. The prime reasons are accuracy, accountability and personalization.
Why Free Financial Advice Might be Dangerous
Needless to say, countless financial facts are available on the net along with other sources. But, the problem will lie upon accuracy. It's extremely hard to determine what is accurate and appropriate for your individual requirements and goals. There isn't any doubt that what's suitable for your close friend might not be best for your family. If you make financial choices based on free financial advice that is inappropriate to meet your needs and goals, it could be detrimental for your financial well being.
The major problem with free financial advice is that they do not know anything regarding your individual finances, ambitions etc. They are unaware of your risk tolerance or time horizon. They provide one-size-fits-all financial advice. Another major danger is the fact that these free financial advices are without recourse. If such free advices lead you to throw money away, you haven't any recourse. It is always more expensive than expert consultancy.
What is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors
The prime advantage of employing a certified planner is they see your financial situations as a whole. He'll study each and every aspect of your financial life. Having a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he will develop financial suggestions that will manage each and every aspect in total. Thus, a Certified Financial Planner® makes your financial life much better.
A Certified Financial Planner® is a financial advisor who meets the requirements set up by the CFB Board of Standards. Certified planners are taught to develop comprehensive financial plans. They access your finances, troubleshoot problem areas and suggest suitable options. They assist you with a wide variety of financial decision making. A Certified Financial Planner® should be expertise in various investment practices, insurance, retirement accounts, taxes etc.
What to Look for When Picking a Certified Financial Planner® From GC Financial Advisors Ltd. – Minooka, IL
It is important to pick a Certified Financial Planner® as you will be working quite closely with your financial advisor from GC Financial Advisors for quite some time! Be sure to be aware what services will be delivered, and what their responsibilities will be.
For more details, please do not hesitate to contact us at any time and we will be happy to help you!