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How much does a certified financial planner make?

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Answered 2008-04-05 02:24:54

As much as he or she is worth. It is a profession where your level of comittment determines your salary. If your lazy you will have a paycheck that reflects that.

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Financial Planner?

A financial planner is a certified funding expert who enables people and agencies to meet their long-time period economic objectives. Financial planning is the development and implementation of comprehensive plans for achieving a person's overall financial and personal objectives.

How do you become a certified financial planner?

Certified Financial Planners are the ones who suggest or give advise to people regarding financial planning. If you wish to be a Certified Financial Planner or Adviser, you must have Bachelor's Degree(if it is focusing on Finance then it is much better), get a MBA in Finance(this is not really required but it will help you to have in-depth knowledge in financial topics, and this will typically take 2 years full time or 4 years part-time), and last but not the least, you must pass the CFP Certification Exam. Requirements depend in your state you are going to take the exam.

Family Financial Planner?

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How do I research the credentials of a local Financial Seminar?

At a minimum, the people presenting at the seminar should be Certified Financial Planners. You can check their certifications here: If this is a stock training program, they typically charge for stock trading training that can be found on Yahoo Finance for free and while they do not present inaccurate information, they typically charge much too much for it and have a reputation for encouraging speculative trading irresponsibly. The credentials of the seminar should be based on the credentials of the teacher. A law degree or CPA (certified public accountant) are verifiable with the bar association and CPA board. A certified financial planner, or CFP, is certified by

What guidelines need to follow in financial planning?

The Financial Planning ProcessThe financial planning process consists of the following six steps as described below. It is so much more important and relevant in light of the Proposed financial Advisory and Intermediary Services Bill 2000.Establishing and defining the client-planner relationship: The financial planner should clearly explain or document the services to be provider to the client and define both his and the client's responsibilities. The financial planner should explain fully how he will be paid and by whom. The financial planner and the client should agree on how long the professional relationship should last and on how decisions will be made.Gathering client data, including goals: The financial planner should ask for comprehensive information about the client's financial situation. The financial planner and the client should mutually define the personal and financial goals of the client, understand the client's time frame for results and discuss the client's risk profile and risk tolerance. The financial planner should gather all the necessary documents before providing the client with advice.Analysing and evaluating the client's financial status: The financial planner should analyse the client's information to assess the client's current situation and determine what the client must do to meet their goals. Depending on what services the client has asked for, this could include analysing the client's assests, liabilities and cash flow, current insurance coverage, investments or tax strategies.Developing and presenting financial planning recommendations and/or alternatives: The financial planner should offer financial planning recommendations that address the client's goals, based on the information provided by the client. The financial planner should go over the recommendations with the client to help the client understand them, so that the client can make informed decisions. The financial planner should also listen to the client's concerns and revise the recommendations as appropriate.Implementing the financial planning recommendations: The financial planner and the client should agree on how the recommendations will be carried out. The planner may carry out the recommendations or serve as a "coach" to the client, co-ordianting the whole process with the client and other professionals such as an insurance agent, investment adviser, attorneys or stockbrokers.Monitoring the financial planning recommendations: The financial planner and the client should agree on who will monitor the client's situation and adjust the recommendations, if needed, as circumstance require.

Will a financial planner help you to reduce your debt?

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IRA Calculator-Plan For Your Future ?

Planning for retirement includes using a variety of investments to increase your financial independence. An IRA is an individual retirement account that offers tax-free savings until you withdraw contributions during retirement. You can find free IRA calculators online to help you determine how much money you should contribute annually. These calculators can give you the insight you need to start contributing more money to your IRA. Choose a financial planner to help you plan for your future. There are other ways to save and invest your money. An experienced financial planner can help you set financial goals for your future. Learn about the best ways to set up a budget in order to get your spending under control. Even if you only have $100 a month to invest, you can start learning about investment strategies that can grow your financial portfolio. It is never too late to start planning for retirement. Hire only a certified financial planner. A certified planner has studied and earned specific credentials that prove they have the knowledge and skills required. The financial planner you choose should be experienced in the types of securities you want to add to your portfolio. Getting a reference from a friend or family member is not the only consideration. Your family or friend may have different financial needs and goals than you. Check the certified financial planner's credentials to be sure there are no complaints filed. Identify your financial goals by writing them down. If you are not on a budget, consider developing one. A budget is just a blueprint that keeps you in control of your money. Don't make it too restrictive and you will likely stay on it. If you are trying to achieve short term financial goals, then your budget may need to be tighter. You can also find financial software that will help you track your spending and create a new budget. Financial planning for your future takes a lot of planning, patience and self-discipline to achieve your goals and retire worry-free.

How much does a wedding planner make a month?

The average planner makes about 12 Cheese Hot Pots a month. Quite a lot if you ask me.

What is a financial planner and how much do you get paid?

Someone who will ask a lot of questions before giving a simple these: is this a commission based or a fee-only planner? What sort of financial instruments do they provide? How good are they at their job? How long have they been doing it? Who are their typical clientele? Where are they licensed/located and what types of licenses do they have?

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How much does a wedding planner make monthly?

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