If you’re not an expert in money matters, hiring a financial adviser to manage your money life can be a tough decision. It’s almost impossible to know every financial arena well, because they can be so specialized. Estate planning is completely different from picking the right investments, for example. Managing a portfolio is different from crafting a monthly budget.
As a former president and long-time board member, Chris Cannon has a deep history with CFA Society Orlando. He has also served on the CFA Institute US Advocacy Advisory Council and the CFA Institute Annual Conference Committee. Most recently, he served as Advocacy Chair and displayed exceptional leadership, launching the first-ever Florida state-wide Ethics Challenge.
Choosing to work with a financial planner is one of the biggest decisions many will face. The hard part is knowing what to look for in an advisor and firm.
Fee-only financial planners come with certain advantages and disadvantages that investors should consider.
Financial planning, passive income and investing: The three ways millionaires build their net worth.
Don’t miss out: Certain people with low enough taxable income can sell stocks or mutual funds to convert their taxable gains into tax-free money. Here’s how…
“Ultimately, you need to feel confident in the advisor’s competency, objectivity, and responsiveness to your needs,” says Van Sant. “The advisor-client relationship, like many relationships, is built on trust and communication, so doing the proper due diligence in choosing an advisor should provide long-term benefits and peace of mind for all parties.”
As the end-of-the-year celebrations are approaching, it is important to be mindful of cyber risks and increase measures to be secure. Here are some helpful tips to keep your data safe throughout the most wonderful time of the year.
