Why work with a Certified Financial Planner™?
While more and more of us are of the “do-it-yourself” mindset, it doesn’t hurt having some guidance when we’re not quite sure what direction to take.
Admit it, the last time you assembled something without reading the directions the experience went worse than expected, right? You swear that next time you’ll make a point to read them first.
Well this is no different, and should be considered your “next time” opportunity. What we’re talking about here isn’t furniture but decisions, big or small, that directly impact your overall success.
Financial planning can also become more complicated than we’re willing to admit. It involves a certain level of self-discovery and accountability that can make even the best of us uncomfortable.
Working with a trusted advisor compels you to set aside time to make yourself a priority. It also creates a safe space to openly discuss your goals, concerns, and ideas, which may be difficult to do with friends and family.
So with all the titles and designations out there, how do you sort the good from the bad? Requiring that your advisor commits to the CFP® standards of Education, Examination, Experience, Ethics and Enforcement is a good place to start.
Unlike many financial advisors, CFP® professionals are required to develop their theoretical and practical knowledge by completing a comprehensive course of study at a college or university with a curriculum approved by the CFP Board. Planning professionals with training outside of the CFP Board’s approved list may meet the education requirement through a review process, which looks at transcripts, previous course work, and other professional designations.