The Foundation: Why a Good Financial Advisor Should Have a Firm Educational Background

Posted by wpadmin | Posted in Financial Advisement | Posted on 29-04-2015

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Clearly, honesty is crucial when consulting with a financial advisor. So why not take advantage of that with a bunch of questions to ask during such an interview? One particular question is the obvious one: education. Where did the prospective financial advisor get the grade? What was the grade? More importantly, did the advisor enjoy the training after even getting the degree? Talk about the mentor or coach. But gritty and real with that financial advisor to dig up the roots and find out if you’re dealing with someone who’s not only experienced, but actually loves the job more than anything to the point that you’re not just going to get par for the course when it comes to financial and tax planning services, but a few birdies and eagles to boot on an 18-course run.

Asking a Financial Advisor This Question, Though, Is More Than Just About financial advisor golfingGathering the Credentials

You’re getting a feel for whether or not the financial advisor worked well with the higher-ups back in the day. If the financial advisor enjoyed working with his/her teachers, coaches and mentors throughout the educational upbringing, the research right there will tell you that you may be dealing with the cream of the crop.

After all, financial advisement isn’t just a 2-person, “let’s meet once in awhile” sort of deal. This is all about your finances. Your money. If someone’s going to be working with you on your money, you’re going to want to be completely involved with that person from front to back, beginning to end, and sideways, making sure you’re both on the same page.

You want to know what the financial advisor’s pets are. How they’re fed. Where they sleep. And how much hair they lose during the Spring season, in other words. That’s just an example, of course.

Don’t Overdo It, of Course

You’re still a partnership — but it’s definitely a very close partnership. At the end of it all, you may not only get a major connection in your life — very much like a lawyer or doctor, to be honest — but a person who can manage your finances and keep you going throughout your life. There’s value in that. Ask the right questions to ensure you get that value quite well.

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Financial Advisors Investing in Continual Training and Reinforcement

Posted by wpadmin | Posted in Financial Advisement | Posted on 29-04-2015

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If there’s one thing you need to know about the personal finance industry, it’s this: new developments are always on the horizon. That’s why financial advisors — if they’re smart at what they do — always do right if they stay abreast on the current trends of the industry. They forecast. They explore. They redefine the market. They may even set new trends. Congrats to you if you happen to find a few financial advisors who are of the latter — although you’ll have a difficult choice to make as you consider questions to ask when consulting a few of those financial advisors.financial advisor chameleon

It’s About Your Money When Considering Financial Advisors

You, therefore, want to consult the absolute best in the business. Treat it as if you’re researching and consulting attorneys to find the very best fit. How do you find out who’s the best? Simply put, you ask as many financial advisors you speak with if they’re continually training in the industry. Ask about the trends. Do the research yourself — and then see if they also know about the goods in the market.

You target yourself as a super-sharp client — possibly one with a great deal of money to manage. That means plenty of commissions for the ideal financial advisor, so you better believe that individual will pull teeth, sweat blood, and burn the lactic acid in the brain to make sure the right decisions are made for your personal finances.

 Making the Process Work for You

That’s how you deliver. That’s how you succeed. By getting the right people on board to handle all on your plate with efficiency. Whether it the expenses percentage for a real estate deal, or just a 401K you’re handling on your own — making sure you have the right candidate out of a pool of financial advisors fit for your situation is as easy as knowing that you’ve got someone who can adapt to all sorts of changes in the industry.

You know who you have then? A true chameleon. Everyone else is just bland and colorless.

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Financial Myths Unplugged: Why Financial Advisers Are NOT One-Timers

Posted by wpadmin | Posted in Financial Advisement | Posted on 29-04-2015

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This may not be a shocker to you, but let’s face it — your finances aren’t an easy fix. Furthermore, cash flow, income, and bills are under constant supervision and maintenance for obvious reasons. Perhaps you can do it on your own, and more power to you; but for those individuals with substantial returns, investments and other revenue streams, it would make sense that you consider financial advisers who don’t bring you in, consult you, advise you, get you set up, and then leave without even a peep. In other words — true financial advisers are not freelancers. They’re long-term consultants.

That’s Why You Ask About “Regular Meetings”

Successful Business Meeting --- Image by © Corbis

Successful Business Meeting — Image by © Corbis

Of all the questions you must ask financial advisers about their qualifications, this one would determine longevity and overall satisfaction in the long-term — do they meet regularly with their clients? If so, you’re dealing with an adviser who’s dedicated in the long run to financial success for the client, in this case you. And that’s the best outcome for you.

Ask other sub-questions like “quarterly or annual meetings?” and “who’s responsibility is it to schedule the meetings?” In that respect, the good financial advisers I’m speaking of are very much like attorneys-at-law, representing you in everything you do. That’s the kind of service you want, even regarding your tax planning needs.

They’re professional. Available. A phone call away. Anything less is less than you deserve regarding your own finances. You’d be dealing with hacks who may know the industry, but are only in it for the commission and don’t gain the reputation among the competition to ever make it in good standing.

So Says the Income Tax Planning Network

Isn’t it any wonder that we say that? We’re the Network. We’re all about continuous service, convenience, and we’re right there with you to make sure all your needs are met. That’s the mark of truly efficient financial advisers, and you can rest assured — your money’s managed.

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Don’t Always Trust Your Buddy on That Financial Referral

Posted by wpadmin | Posted in Financial Advisement | Posted on 29-04-2015

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This goes without saying for just about any industry out there: when you get a referral to some service or consultation, take it with even a slight grain of salt. Because however beneficial it was for your friend, spouse, uncle, aunt, mother, father, college roommate or coworker — it might not be the same for you. So you want to be sure to ask more questions of relevance to determine if you don’t want to waste your time and move on with the research on speaking with the right financial advisor for your needs.financial advisor questions

The “Financial Referral” Is Tricky

It’s not a scam or anything, though! It’s not like you’re getting the rug pulled out from under you, because for sure that acquaintance of yours is telling the truth, and that professional in the financial advisement industry just might be the best of the best. But you may need just a bit more information. Just to be sure. You need to brainstorm about it.

For instance: you can ask about anything regarding regular meetings — if the financial advisor in question really puts forth the effort in managing the finances continuously — or maybe what designation the adviser has, what certifications and qualifications does he/she possess. The answers you get just might steer you in the right direction for yourself regardless of what your financial referral boasts about the professional.

Just bear in mind: it’s a financial referral. A recommendation. It’s not a commandment you have to follow, no matter the cost, just because your financial referral stakes his or her life on it.

Always Get the Goods on Any Referral You Receive

This is why you must ask questions regarding financial advisement, for sure. You’re staking an investment on a professional who will most likely be responsible for managing your money, your stocks, your bonds, your tax planning and estate planning. Everything. That’s a big deal. Don’t take it lightly, please.

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18 Truly Awesome Inquiries to Ask Your Prospective Financial Advisor

Posted by wpadmin | Posted in Financial Advisement | Posted on 29-04-2015

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I’m sure you might have seen that rather familiar commercial about the DJ posing as a financial advisor, correct? Amusing. Cute. Eye opening.

Here’s the thing, though: it’s all too realistic. I wouldn’t deny that those people across from the fake financial advisor may have been completely duped and not “actors” in the grand commercial scheme of things, because in all honesty, how do we really know that a financial advisor knows what he or she is doing professionally?

How can we actually trust the prospective financial advisor for anything from tax planning to business formation? Knowing that you could be talking to an emo, tattooed disc jockey? Well, the answer is simple:

You Ask the Prospective Financial Advisor the Correct Questions

You’re interviewing the candidate, basically. I won’t sugar-coat it. That financial advisor has a lot to prove to you. It’s your money, after all. You’re the one hiring the so-called professional. So it would make sense that you grill that candidate to the bone until there’s no meat left. You want the very best on your plate, ensuring your finances are as strong as possible, so consider these basic questions very carefully:

  1. Did You Like Your Coach or Mentor? — Think about it. How the financial advisor developed largely depends on whether or not the financial advisor enjoyed the field hours with the trainer back as an apprentice.
  2. Do You Continually Seek Additional Training? — No financial advisor knows everything every day. New trends develop, so you’ll want a professional who’s constantly researching in the know.
  3. How Many Clients Have You Served? — This is key, because you certainly don’t want a financial advisor who’ll just sell you and run. A good financial advisor will work with you for the long haul.
  4. How Long Do You Work With Your Clients? — Length of time can say a lot about a financial advisor. Just ask a marriage counselor on how that’s relevant.
  5. tap dancer financial advisor(For Referrals) Why Is Your Financial Advisor so Good? — This is a special case where you must ask the question to your best friend, aunt, uncle, mom, dad, spouse or anyone who’s referred you. More importantly, this opens the door to a wealth of other questions you can ask your referral about a particular financial advisor in question.
  6. Any Clients Complain About Your Work? — Don’t be shy to ask this. You have every right to.
  7. Do You Use Your Products as Well? — Well, duh. After all, if the financial advisor is trying to sell you on a product, that advisor hopefully would be using the product, too.
  8. Do You Work With Other Colleagues, Too? — Why would this be relevant? Easy. As in what if the financial advisor gets hit by a car and dies? Pretty drastic, right?
  9. How Much Do You Charge? — The million dollar question of the ages. And a must-ask; here’s why.
  10. Are You Also a Fiduciary?What’s a ‘fiduciary’ anyway?
  11. Why Do You Do What You Do? — You have to love probing questions like this, because it can yet again reveal so much just from the answer alone. Essentially, you’re trying to figure out what kind of financial planner you’re dealing with here.
  12. How Long Have You Been in Business? — There’s a sly trick to this question, and it’s regarding the Great Recession around 2008. Tricky, right?
  13. How’s Your Portfolio?If it’s spotty, move on. If the financial advisor’s looking good, continue.
  14. Do You Have Certifications? — Think about it. Experience is one thing. Qualification is a whole ‘nother ballgame. Ask yourself which one you’d choose between the two: the one who’s experienced and qualified, or just experienced?
  15. Do You Understand What I’m Saying? — You’re a smart little cookie, aren’t you? This clever question just determines if the prospective financial advisor’s actually paying any attention to you, or just waiting for his/her turn to sell you more product. Go with the former.
  16. Do You Do Investments? — You’d be surprised to know that not all financial advisors are qualified to do so. So ask.
  17. Have You Lost Clients? — Sure, the financial planner just might lie to you. It still won’t hurt to ask (because you may have ways of finding out the truth).
  18. Would You Like to Meet My “Friend”? — Alias, lawyer. Attorney. Counsel. Legal representative. Yes, it’s okay to bring a “friend” along with you on your consultation with the financial advisor.

Wipe your brow of the sweat and take stock of what’s listed here. This is your ammunition. Load it all up.

Of Course, Why Would You Trust What I Have to Say About This?

I may be an expert in all this, proficient in the copywriting. But can you truly trust me? Maybe not. After all, I’m actually a tap dancer. Fooled you.

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Life just happens, good or bad, for many families out there in the United States. There’s no denying it. Single mothers, even single fathers: low-income families have a burden on their shoulders where basic bookkeeping becomes a stress of mammoth proportions due to the fact that there’s never enough income generated to pay necessary bills just to make it day by day.

So what has to be in place? Simply put, government aid. It’s almost a necessity for low-income families. But whether you think it’s a crutch or not, and whether many simply seem to take advantage of the benefits offered by the government, one thing is clear — even the families that do work hard seem to only make it by the skin of their teeth, having to pull from their next paychecks to pay back someone who lent money, or robbing “Peter” to pay numerous “Pauls,” because the fact is this — government aid can only do so much in comparison to personal finances (and, yet, there’s so much going into those funds that it may shock you).

Here Are Five Facts That Just Might Blow You Away With Respect to Government Aid and Low-Income Familieslow-income families

What Do These Facts Mean to You? That They Prove Benefits Don’t Benefit?

On the contrary…. They certainly make their mark. If it wasn’t for these programs, you’d have single parents on minimum wage or low-income families stuck in homeless shelters without any way to make the rent payment. That’s just a matter of fact….

But when you’ve got a certain fast-food chain making anywhere around $4.8BB in annual profits, it begs the question about employment — why not pay your workers what they earn with all the hours they put in, or want to put in, so they can get off of government aid and not have to pick and choose on their expenses?

Your average low-income worker will have just over $6K in annual income and about $11K in benefits for food, rent and child care. How’s that for a perspective on low-income families?

ITPN recognizes there’s a problem with the current system we have in place. So let’s fix it. Now.

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Life just happens, good or bad, for many families out there in the United States. There’s no denying it. Single mothers, even single fathers: low-income families have a burden on their shoulders where basic bookkeeping becomes a stress of mammoth proportions due to the fact that there’s never enough income generated to pay necessary bills just to make it day by day.

So what has to be in place? Simply put, government aid. It’s almost a necessity. But whether you think it’s a crutch or not, and whether many simply seem to take advantage of the benefits offered by the government, one thing is clear — even the families that do work hard seem to only make it by the skin of their teeth, having to pull from their next paychecks to pay back someone who lent money, or robbing “Peter” to pay numerous “Pauls,” because the fact is this — government aid can only do so much in comparison to personal finances (and, yet, there’s so much going into those funds that it may shock you).

Here Are Five Facts That Just Might Blow You Away With Respect to Government Aid and Low-Income Familieslow-income families

What Do These Facts Mean to You? That They Prove Benefits Don’t Benefit?

On the contrary…. They certainly make their mark. If it wasn’t for these programs, you’d have single parents on minimum wage or low-income families stuck in homeless shelters without any way to make the rent payment. That’s just a matter of fact….

But when you’ve got a certain fast-food chain making anywhere around $4.8BB in annual profits, it begs the question about employment — why not pay your workers what they earn with all the hours they put in, or want to put in, so they can get off of government aid and not have to pick and choose on their expenses?

Your average low-income worker will have just over $6K in annual income and about $11K in benefits for food, rent and child care. How’s that for a perspective?

ITPN recognizes there’s a problem with the current system we have in place. So let’s fix it. Now.

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Life just happens, good or bad, for many families out there in the United States. There’s no denying it. Single mothers, even single fathers: low-income families have a burden on their shoulders where basic bookkeeping becomes a stress of mammoth proportions due to the fact that there’s never enough income generated to pay necessary bills just to make it day by day.

So what has to be in place? Simply put, government aid. It’s almost a necessity. But whether you think it’s a crutch or not, and whether many simply seem to take advantage of the benefits offered by the government, one thing is clear — even the families that do work hard seem to only make it by the skin of their teeth, having to pull from their next paychecks to pay back someone who lent money, or robbing “Peter” to pay numerous “Pauls,” because the fact is this — government aid can only do so much in comparison to personal finances (and, yet, there’s so much going into those funds that it may shock you).

Here Are Five Facts That Just Might Blow You Away With Respect to Government Aid and Low-Income Familieslow-income families

What Do These Facts Mean to You? That They Prove Benefits Don’t Benefit?

On the contrary…. They certainly make their mark. If it wasn’t for these programs, you’d have single parents on minimum wage or low-income families stuck in homeless shelters without any way to make the rent payment. That’s just a matter of fact….

But when you’ve got a certain fast-food chain making anywhere around $4.8BB in annual profits, it begs the question about employment — why not pay your workers what they earn with all the hours they put in, or want to put in, so they can get off of government aid and not have to pick and choose on their expenses?

Your average low-income worker will have just over $6K in annual income and about $11K in benefits for food, rent and child care. How’s that for a perspective on low-income families?

ITPN recognizes there’s a problem with the current system we have in place. So let’s fix it. Now.

redditpinterestlinkedintumblrmail

Share

Facebooktwittergoogle_pluslinkedin

Follow Us!

Life just happens, good or bad, for many families out there in the United States. There’s no denying it. Single mothers, even single fathers: low-income families have a burden on their shoulders where basic bookkeeping becomes a stress of mammoth proportions due to the fact that there’s never enough income generated to pay necessary bills just to make it day by day.

So what has to be in place? Simply put, government aid. It’s almost a necessity for low-income families. But whether you think it’s a crutch or not, and whether many simply seem to take advantage of the benefits offered by the government, one thing is clear — even the families that do work hard seem to only make it by the skin of their teeth, having to pull from their next paychecks to pay back someone who lent money, or robbing “Peter” to pay numerous “Pauls,” because the fact is this — government aid can only do so much in comparison to personal finances (and, yet, there’s so much going into those funds that it may shock you).

Here Are Five Facts That Just Might Blow You Away With Respect to Government Aid and Low-Income Familieslow-income families

What Do These Facts Mean to You? That They Prove Benefits Don’t Benefit?

On the contrary…. They certainly make their mark. If it wasn’t for these programs, you’d have single parents on minimum wage or low-income families stuck in homeless shelters without any way to make the rent payment. That’s just a matter of fact….

But when you’ve got a certain fast-food chain making anywhere around $4.8BB in annual profits, it begs the question about employment — why not pay your workers what they earn with all the hours they put in, or want to put in, so they can get off of government aid and not have to pick and choose on their expenses?

Your average low-income worker will have just over $6K in annual income and about $11K in benefits for food, rent and child care. How’s that for a perspective on low-income families?

ITPN recognizes there’s a problem with the current system we have in place. So let’s fix it. Now.

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You’re probably wondering how you could possibly make money just from receiving our benefits. Easy. As a member of ITPN, we’ll put it in perspective for you: if you refer just one friend or family member to us each month, this is what you get, right in your pocket: $40 for each referral.income tax family

That’s $480 each year. In your pocket. Get the picture? Makes the Income Tax Planning Network’s $25/month membership seem like pennies when you think about it. And that’s just when you refer only one person a month to us. Want to do the math if you refer five people to us? Or ten people?

How can you not take advantage of this unique benefit?

Thank You for Helping Us Grow Our Family. Your Family.

Thank you for being a part of this family. Please do call our office at 888-203-3030 to set up your free marketing training, starting you off on generating revenue with us right away.

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