Financial Planner - Skokie

Many people ponder why anybody would pay cash to a financial consultant when a great deal of free financial information is available in books, on the Internet etc. The prime reasons are accuracy and reliability, accountability and customization.

Why Free Financial Advice Might be Dangerous

Needless to say, countless financial information is available 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 appropriate for your individual needs and goals. It is obvious that what is right for your good friend may not be good for you. If you make financial decisions based on free financial advice that is unsuitable to your requirements and goals, it could be harmful for your financial well being.

The major problem with free of charge financial advice is that they know nothing regarding your individual finances, objectives etc. They are unaware of your risk tolerance or time horizon. They provide one-size-fits-all financial advice. Another big danger is the fact that these types of free financial strategies are without recourse. If these kinds of free advices lead you to lose cash, you haven't any recourse. It is always more expensive than expert advice.

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

The main advantage of hiring a certified planner is that they see your financial situations as a whole. He'll study each and every aspect of your financial life. With a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he will come up with financial recommendations which will care for each and every aspect in total. Hence, a Certified Financial Planner® makes your financial life superior.

A Certified Financial Planner® is a financial advisor who meets the requirements established by the CFB Board of Standards. Certified planners are trained to develop extensive financial plans. They access your finances, troubleshoot problem areas and suggest proper choices. They assist you with a wide selection of financial decision making. A Certified Financial Planner® should be expertise in numerous investment strategies, insurance, retirement accounts, taxes etc.

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

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

For more info, please do not hesitate to contact us at any time and we will be glad to help you!