Many people ask, “What kind of financial advisor should I use?”
It can be confusing trying to understand the differences between advisors and the services offered. We’ve found that if you follow a simple yes or no system, you can easily decide which path is best for you.
Evaluate the statements to see your results. I lack the time, ability or desire to manage my investments on a day-to-day basis. If yes, move on to #2. If no, consider it do-it-yourself approach.
#2: I seek a relationship with a professional who can answer my questions and concerns. If yes, move on to #3. If no, a robo-advisor might work for you.
#3: I prefer to work with an independent professional who is not obligated by a national firm to recommend certain products or services. If yes, move on to #4. If no, consider a national brokerage or bank. Keep in mind, not all brokerages require their employees to sell specific products. Ask to confirm.
#4: I prefer investment management with no commissions attached from a professional, legally obligated to act in my best interest. If no, then an independent broker might be what you need. Most receive commission.
However, if you’ve said yes to all of the statements you’ve arrived at, the recommendation of working with a registered investment advisory firm also called an RIA. An RIA steps in to assist when you don’t have the time, ability or desire to manage your investments on a day-to-day basis. They’re fiduciaries legally obligated to act in your best interest, accepting no commission and only working on a predetermined and agreed-upon fee.
At Certified Financial Group, we have a dedicated team of 16 Certified Financial Planner professionals ready to help you build Peace of Mind.
Financial planning and investment management is offered through Certified Advisory Corp and RIA that is also CEFEX certified.
Headquartered in Altamonte Springs, Florida, Certified Financial Group’s professionals have been helping clients for more than 40 years. We’d love to help you plan your tomorrow…today!