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An insurance Financial Planner can help you plan for a secure financial future using insurance products, like Life Insurance - for supplemental of retirement funds, and Disability Insurance to protect your income in case of a sickness or accident.
A good financial planner will not only protect your investments but also your ability to earn an income, which will help you receive a monthly benefit in case you can't work if you become temporarily or permanently disabled or unable to work.
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As a financial planner will you lose your licenses insurance investment etc if you foreclose on your house?
Even if you don't lose your license, etc. I sure as heck wouldn't use a financial planner who had his or her house foreclosed on!
Where can one study how to become a financial planner?
One can study how to become a financial planner by taking college courses or classes on insurance, business, real estate, economics, and finance related courses.
What does a certified financial planner actually do?
Financial Planners are the ones who deal in resolving financial issues by making a financial plan like cash flow management, education planning, retirement planning, investment planning, estate planning, tax planning, insurance planning, risk management, and business succession planning for business owners. A financial planner must already finished his/her CFP certification program so he/she can practice his/her skills and knowledge in the field of financial planning.
Who can provide you with good debt advice?
A person that can provide you with good debt advice would be your financial planner. A financial planner can be found at a bank. Preferable a bank that you trust.
What can be learned by enrolling in the CFP course?
You can learn to become a Certified Financial Planner by enrolling in the CFP Course. They have many courses that will set you on your way to become a Professional Financial Planner.
As a financial planner will you lose your licenses insurance investment etc if you foreclose on your house?
Even if you don't lose your license, etc. I sure as heck wouldn't use a financial planner who had his or her house foreclosed on!
Where can one study how to become a financial planner?
One can study how to become a financial planner by taking college courses or classes on insurance, business, real estate, economics, and finance related courses.
Where can I learn how to become a financial planner?
Yes you will need too get special licensing and certification in order too be a financial planner. You will most likely need your states life insurance license as well as a federal series 7 and 63 license.
What companies can legally give financial planning advice?
Picking a financial planner is not always easy. There are insurance companies, banks, and brokerages that all want to help with financial planning. There are certified financial planners (CPF). Here is a link to a great article on how to pick a financial planner: http://www.kiplinger.com/basics/archives/2007/08/planner.html
Where is a very good retirement planner?
There are a great many good retirement planners. If your family has a relationship with a financial advisor of life insurance agent, they may be a good retirement planner that you already know.
Where can I get mortgage payment protection insurance?
You can find insurance to cover your mortgage payments by going to the local branch of your bank and sitting down with a financial planner to see what options are available.
What is Certified Financial Planner Board of Standards's population?
The population of Certified Financial Planner Board of Standards is 51.
What would you call a financial planner and a funeral pre-planner?
Arrangers
Have any Insurance companies ever gone bankrupt?
I was told by a financial planner that there has never been an insurance comany that has filed for bankruptcy, until AIG. I don't know if it's true or not.
Difference between a Financial Adviser and a Certified Financial Planner?
Anyone can call themselves a financial planner since there is no licensing requirement. However a Certified Financial Planner (CFP®) has to have completed extensive education requirements, passed a grueling exam, have a minimum three years experience and must abide by the code of ethics of the CFP Board.Additionally, a Financial Adviser is one who has extensive experience in financial planning, aside from being a certified financial planner.
What is needed to obtain financial planner certification?
If one wanted to become a financial planner, one must obtain the proper certification needed. One would need to obtain the Certified Financial Planner (CFP) designation.
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.
