Certified Financial Planners (CFP) can stand out from a rather crowded field of financial professionals for a variety of reasons. One of the most important reasons is that Certified Financial Planners are mandated to act as a fiduciary, meaning that they are required to put their client’s interests and needs ahead of his or her own.
Part of your overall financial planning may include things like college funds for children and retirement funds for your later years. Your financial advisor may have recommended IRA’s (Individual Retirement Accounts) as one of your assets to grow funds for future use.
When working with a financial advisor, there are two important reviews you want to be included in your fees – the annual review and a year-end review. The annual review should cover your financial plans and adjust for any life or financial goal changes you have in mind.
When working with a financial advisor, there are two important reviews you want to be included in your fees – the annual review and a year-end review. The annual review should cover your financial plans and adjust for any life or financial goal changes you have in mind.
The best time to plan for your child’s college education is before they are born. Think of it as planting a shade tree you want to enjoy 18-20 years from now – you must plant that seedling now to enjoy the shade of the tree later.
After the ball drops on New Year’s Eve, we dig up our hopes and dreams and make some resolutions. Getting back in the gym, losing weight, and eating clean, are usually at the top of the list, but what about your finances? The health of your accounts, spending habits, and investments are just as important to evaluate.
When considering whether it is time to hire a financial planner to manage your accounts, many people are understandably concerned about the costs involved. Financial planners typically charge a flat fee, a commission-based fee, or have a hybrid approach.
Finding the right person to help manage your investments can be confusing or even a little intimidating. There is a good reason for that - according to the Financial Industry Regulatory Authority (FINRA), there are over 100 financial professional designations.
When it is time to start thinking about saving for your child’s college fund, it is easy to become overwhelmed, frustrated, or even give up before you get started. At Heath Wealth Management, we know parents may be worried about a little “m” mistake they have made. We want you to know we focus on capital “S”, bold Solutions!
© 2021 Heath Wealth Management - Elijah Heath . All rights reserved.
