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What Everyone Should Know About Financial Planning Services in Barboursville, WV

If you are considering employing financial planning services in Barboursville, WV, there are some important things you should know. You may have heard about such services, but aren’t sure exactly what they do, or whether you can benefit from them. You may be confused about which company to hire, as they all offer different services and products. Financial planning is a serious business, as it can make the difference between having a secure future and not. Hiring the wrong company or choosing the wrong investments could result in financial disaster for you and your family. This article is designed to answer some common questions, and help you to make an educated decision when choosing financial planning services in Barboursville, WV.

Whether you are planning for the future of you and your family, buying a home, or the education of your child or children, financial planners can help you to reach those goals. It is important however to first know exactly what you want to achieve financially. Only then can you make an informed decision of the person or firm that you hire. You will want to have a complete overview of your financial information, what you want to achieve, and your present financial situation. Once you know exactly where you stand financially and where you want to go, you can then begin the process of choosing one of the firms offering investment planning in Barboursville, WV.

The Benefits of Employing Barboursville, WV Financial Planning Advisors

To get the most benefit of any financial planning services in Barboursville, WV, you will want to choose one who is suitably qualified. A legitimate financial planner will be suitably qualified as an accountant (CPA), an Accredited Estate Planner (AEP), Chartered Financial Consultant (ChFC), or Personal Financial Specialist (CPA/PFS). It is important to ask anyone involved in investment planning in Barboursville, WV exactly what qualification they hold. If you don’t understand the designation, be sure to ask the individual to explain their credentials and what they qualify them to do. It is no good asking a tax specialist for help with estate planning.

Different firms also offer different products and services, and many financial planning services in Barboursville, WV sell investment products as well. Anyone selling financial products should hold the appropriate securities or insurance licenses that allow them to buy and sell those products. A professional financial advisor will refer you to the appropriately qualified individual or firm that can provide you with the specialized services or products you need to reach your goals if they cannot.

What financial planning will cost you depends on which one of the financial planning services in Barboursville, WV you hire. Some companies and planners charge a flat or hourly fee, while others receive commissions on your investments and any products they sell. Some planners use a combination of the aforementioned methods, so be sure you know exactly how and what you’re being charged for any Barboursville, WV financial planning services you employ.

Elizabeth Eisenhower recommends Todd Dudley for Investment Services, Barboursville, WV. As an independent financial advisor, Todd Dudley offers personalized financial strategies based on your unique situation. Todd Dudley can be contacted directly at 304-736-7490.