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Don’t Ignore These Facts About Financial Planning Services in Barboursville, WV

Firms offering financial planning services in Barboursville, WV have a variety of plans to choose from. Some companies are very focused on specific types of investments, while others offer a broader range of products. The most thorough and professional planners will investigate your entire portfolio, assessing your pension plans, assets, savings, taxes, and your entire estate. After gaining a precise knowledge of your financial status, they can better recommend the best plan for you. It is essential that you make sure that the individual or firm you select is meticulous when considering financial planning services in Barboursville, WV.

What to Watch Out for in Barboursville, WV Investment Planning Firms

It is critical to know exactly what you want to accomplish financially before even approaching a financial planner. Only by fully comprehending your personal goals can you make an accurate assessment of a planner’s ability to help you reach them. If you hire a firm or individual offering financial planning services in Barboursville, WV without knowing your goals, you could be sold products or directed towards investments that you don’t need, or are a high risk for you.

Before you put pen to paper with any financial planner, read the agreement very carefully, and especially pay attention to how you will be charged. Some charge a flat or hourly fee, some get paid by commissions, and others by a combination of all three. Some financial planners sell their own products, so make sure that whatever investment they are trying to sell you is designed to help you reach your goals. Don’t be afraid to ask questions, and especially ask to see performance charts of any funds that are solicited.

Barboursville, WV, financial planning services feature planners from a multitude of professional and academic backgrounds. It is critical that you are thorough in determining the background and credentials of any planner you are considering. Don’t be embarrassed to ask if you don’t understand what their qualifications mean, and take note of what organization has certified them. It is prudent to check with that organization to verify that they have in fact certified that particular individual, and if so, that they remain in good standing.

There is an organization that can assist with finding out if the financial planning services in Barboursville, WV that you are working with are legitimate. It is known as The Certified Financial Planner Board of Standards (CFP®), and it is an independent organization that regulates issues licenses to financial planners. It doesn’t hurt to be thorough when considering which financial planning services in Barboursville, WV you will work with, it is in fact essential to be so. It is your money and your future that you are placing in their hands, it is wise to make sure those hands are safe ones.

Elizabeth Eisenhower recommends Todd Dudley for Retirement Planning 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.