Rani Jarkas – Know Why Should You Hire a Trustworthy Financial Advisor
What does a financial advisor do? In general, these professionals help you make decisions about what you should do with your money, which may include investments or other courses of action. Key take aways of a financial advisor usually include: using their knowledge and expertise to construct personalized financial plans that aim to achieve the financial goals of clients, further reviewing on a regular basis to re-evaluate their current situation and future goals and plan accordingly. There is also one small but important tip when hiring a financial advisor – that is to find a fiduciary financial advisor. Owing to the charging scheme, some financial advisors making profits by collecting commissions from the recommended products. Therefore, there is possibility that the products or plans proposed is not for the clients’ best interest but the advisor. On the contrary, a fiduciary financial advisor is required to meet the fiduciary standard. They must perform wh...