Don't Underestimate the Power of a Good Financial Planner (437)
(NewsUSA) - In the wake of the ongoing Covid-19 pandemic, many people are looking to cut costs and better manage expenses. Some may view financial planners as an unnecessary expense, but in reality, a smart relationship with an experienced financial planner will save you money in the short- and long-term, and will help you weather the challenges of a changing economy.
CFP Board, a nonprofit organization dedicated to supporting professional standards in personal financial planning, emphasizes how the guidance a financial planner can provide goes beyond the surface of stocks and investment advice. Instead it emphasizes the benefits of a long-term plan to help people meet their financial goals. Only individuals who have fulfilled CFP Board's rigorous requirements can call themselves a CFP® certificant, so be sure your planner is a certified CFP® professional.
It's important to note that not all financial advisors have made a commitment to act in their clients' best interests. As part of their certification, CERTIFIED FINANCIAL PLANNERTM professionals commit to CFP Board to act as a fiduciary -- at all times -- when providing financial advice to a client.
"As you begin to consider how best to manage your financial future, you should feel confident knowing that with a CFP® professional, you're working with someone committed to providing the high standard of financial planning," according to the LetsMakeAPlan.org website.
Some of the key benefits of an ongoing relationship with a financial planner include:
Visit letsmakeaplan.org for more financial planning tips and guidance and to locate a certified financial planner in your area.