Financial Planner

in Barboursville, WV

Read This Before Hiring a Financial Planner in Barboursville, WV!

Don’t employ any financial planner in Barboursville, WV, until you read this! There are many different types of financial planner, and many are limited by what services or products they can offer you. If you aren’t familiar with the many financial planning options, you could end up, committing financial suicide by hiring the wrong one. It is important to be clear about what you want to accomplish financially. As with anything, there are certain tools that are best for doing particular jobs. The financial planner is your tool, your financial security the job you want done. The following information will help you to make an informed decision about a financial planner in Barboursville, WV.

Whether your plans are short or long term, a financial planner can definitely help you to reach your goals. First you need to have a set target. For instance, a particular type of financial planner will be better suited to helping you save up for a house, while a differently qualified one would better help you to plan for estate or taxation issues. Once you have your target set, and have a complete and realistic view of your financial resources, you can begin the process of selecting an investment advisor in Barboursville, WV.

Any Barboursville, WV financial planner you hire should have the proper credentials. They should be qualified as an Accredited Estate Planner (AEP), a Personal Financial Specialist (PFS/CPA), a Chartered Financial Consultant (ChFC), or a Certified Public Accountant (CPA). You should be very clear about the qualifications of any investment advisor in Barboursville, WV before signing a contract with them. Don’t be afraid to ask, and if you don’t understand the qualification or are not familiar with it, ask them to explain. Always find out the name of the organization that has licensed or certified your financial planner, and contact them to find out if they are in good standing.

Most financial planners specialize in a particular area such as estate planning, insurance and pensions, securities investments, or tax issues and farm any other work out to other specialists. Few are qualified to do everything, but there are some around, though they may be a bit more expensive. You should way the cost of a single planner against hiring a number of specialists to get the best idea of what will best help you reach your goals. There is a convenience to having a single Barboursville, WV financial planner handling your entire account, but there are also advantages to having a specialist handle each area of your financial portfolio.

The cost of the financial planner in Barboursville, WV you choose to work with will depend on a number of factors including; what your goals are, what services and products you need, and how the financial advisor charges. Some charge a flat rate, some work on commissions, and others a combination of the two.