Finding Affordable Financial Advice
A professional financial advisor may be easier to find than you realize. All the investment firms have them on staff as well as most of the banks. If your finances are large or complicated you may want to consider contracting with an independent financial advisor to guide you through the maze of investments available.
How Should You Start
If you needs are no very complicated I would suggest you first start with the phone book. Contact several firms/persons list there and see what they may offer. If you feel a more sophisticated solution is necessary call on your bank, broker, or accountant to recommend firms/people to you. The more complicated your finances become the more likely a real pro will be necessary. Some firms/advisors will charge a flat fee, while others will work on a percentage. First get a quote for the initial conference and see how comfortable you are with the advisor. If you account has a high potential normally there won't be any fee for this initial contact.
Check with friends and business associates.
You may have friends or business partners that have had good experiences with a particular advisor. Doing this may find a good prospect for you and it may also steer you away from a charlatan. Many times if an advisor get clients by referral either you or your friend can receive a discount on the services.
Check Out The Prospects
Once you have found someone that you think you would like to work with, you can take their information to the Internet. This way you will be able to find out anyone else's experiences with them. This will help you to pick the right person for your needs and help you to save some money in the long run.
Most of the financial websites that are independent will have unbiased appraisals of both firms and particular professional advisors. There are many websites by "celebrity" advisors such as Jim Cramer who give advice directly on the internet or through their websites. Chat rooms, blogs, or forums often address peoples experience with particular firms or advisors. Don't expect all good things, everyone has some detractors in the world. With this method you should be able to cull out the better candidates.
Getting financial help doesn't have to be hard if you are able to find the right person and you are willing to really look at what may be going on with the financial area of your life. Taking the time to really look into it will help you to understand what you are going to need to do well before you start investing the money that you make and are trying to save for later in life. - 23199
How Should You Start
If you needs are no very complicated I would suggest you first start with the phone book. Contact several firms/persons list there and see what they may offer. If you feel a more sophisticated solution is necessary call on your bank, broker, or accountant to recommend firms/people to you. The more complicated your finances become the more likely a real pro will be necessary. Some firms/advisors will charge a flat fee, while others will work on a percentage. First get a quote for the initial conference and see how comfortable you are with the advisor. If you account has a high potential normally there won't be any fee for this initial contact.
Check with friends and business associates.
You may have friends or business partners that have had good experiences with a particular advisor. Doing this may find a good prospect for you and it may also steer you away from a charlatan. Many times if an advisor get clients by referral either you or your friend can receive a discount on the services.
Check Out The Prospects
Once you have found someone that you think you would like to work with, you can take their information to the Internet. This way you will be able to find out anyone else's experiences with them. This will help you to pick the right person for your needs and help you to save some money in the long run.
Most of the financial websites that are independent will have unbiased appraisals of both firms and particular professional advisors. There are many websites by "celebrity" advisors such as Jim Cramer who give advice directly on the internet or through their websites. Chat rooms, blogs, or forums often address peoples experience with particular firms or advisors. Don't expect all good things, everyone has some detractors in the world. With this method you should be able to cull out the better candidates.
Getting financial help doesn't have to be hard if you are able to find the right person and you are willing to really look at what may be going on with the financial area of your life. Taking the time to really look into it will help you to understand what you are going to need to do well before you start investing the money that you make and are trying to save for later in life. - 23199
About the Author:
Richard Moran is a Financial Consultant and maven for Money Helpers. The Blog contains hundreds of articles, charts, and calculators to aid you in your financial health. All the aspects of the Blog are free and it is updated on an almost daily basis. If you are looking for any financial information or products they can be found on Money Helpers.
posted by X - Men @ 5:29 AM
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