Should I Seek Independent Financial Advice?

Not everyone enjoys dealing with finances. Even the best & brightest refuse to balance their checkbooks & bounce checks simply for lack of interest in the subject. But even sticklers who have their checkbooks balanced to the penny every day frequently find the need to get some independent financial advice. But where?

The last place you want to check is with a company that sells financial products insurance annuities investments etc. They are commissioned to sell you products to solve your problem. Of course they may very well be the perfect answer to your current situation but you can’t plan on it. Any time someone wants to sell you a financial product ask if he’s on commission.

To be a certified financial advisor you need to be licensed in most states. If anyone represents himself as a “financial advisor” or “financial planner” ask if he is licensed to do business. If not it’s someone who probably works for an insurance company that sells insurance & investments. And of course he’ll be happy to advise you to buy whatever he sells.

Most states require these people to be licensed & hold specific credentials. If you speak to anyone who says he is financial advisor ask what his credentials are & find out if he’s licensed by the state. Many insurance agents call themselves financial advisors & they are only qualified to sell the products their company offers not qualified to provide overall advice on your specific financial needs or concerns.

Some large insurance companies & investment companies as well provide some very expensive financial planning services which can cost you thousands of dollars. These are sometimes a waste of money because the reports they provide usually have little to do with reality; they advise you to get involved in saving & investments sold by their companies.

If you need help with getting out of debt paying bills finding students loans or if you have questions about mortgages start with a CPA Certified Professional Accountant. They don’t sell products. They will probably charge you for an of time but they have experience in all areas of finances & can at least steer you in the right direction.

Looking for Financial Advice but don’t know where to turn? Find out how Independent Financial Advice can turn things around for you Find out more about advice on your debt & other finances today before it’s too late