Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Financial advisor provides apt investment plans

By Jimtpotter Subscribe to RSS | June 5th 2012 | Views:
loading
 
  



Financial advisor or say an investment advisor is a professional, who helps his clients in maintaining proper balance of investment, income, capital gains etc. to do this, he makes use of bonds, real estate investment, stocks, mutual funds as well as insurance policies.

It is important for you to have knowledge about the way in which they are to be paid. After a brief description about the role of a financial advisor, let us categorize them according to their salary. They can broadly be classified as commission based, fee based and fee only advisors.

Firstly, who are commission based advisors? Answer to this question goes - They deal with products like insurance, annuities as well as loaded mutual funds. Their share of commission is made while the transaction is being processed and there are chances for you to not be aware about their share. They make big money out of every transaction.

Second category includes fee based advisors. As their income is generated from the fees that we pay them, hence fee based consultants provide us with honest, unbiased plus ethical advice for investing our money. These people earn money from the fee as well as from commission earned on client’s property.

Last in this group come fee only financial advisors. A Fee-only advisor cannot accept commissions in any form. They are solely dependent on the money provided by their clients in the form of hourly compensation.

It is important to look for a financial advisor whose main aim is to serve you rather than working for your money or financial status. Therefore, one must be really careful while selecting investment consultant. Make sure that the person being hired is RIA (Registered Investment Advisor) certified.

He or she must maintain a fiduciary standard that is a position of special trust and confidence with an adequate knowledge in the field of law. While appointing a person if a disclaimer arises, then make sure about the category to which this advisor belongs as that person is responsible for decisions that are made regarding your current as well as future financial condition.

Efficient financial advisors will guide their client through all rules and regulations in right direction thereby making investment decisions easy plus profitable. To find some of the best advisors in this industry, one must do proper research on internet or interact with the earlier client to get proper feedback of the advisor being appointed.

Jimtpotter - About Author:
For more detail visit : financial advisor | Jim Potter

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/investing-articles/financial-advisor-provides-apt-investment-plans.htm

Related Investing Articles Subscribe to RSS

Good financial planning can give you a good future
Published by Pramod Kumar Singh on May 23rd 2012 | Finance
Start planning your finances today to have a safe and secure present as well as a bright future that...
 
Know the importance of the different financial forms
Published by Fiona James on April 27th 2012 | Finance
It is very important to have financial forms in order to complete any type of financial business smo...
 
Loans for UK People: an easy financial solution
Published by Simuels Jack on June 11th 2012 | Finance
Loans for UK people are very helpful in times of need for monetary assistance. According to one’s ...
 
It is very hard to tell the worth of financial advice
Published by Ross Sorin on March 13th 2012 | Finance
People even in today’s fast times do not know the important of financial advice. The financial adv...
 
Do you need assistance with financial debt that has been around for decades?
Published by Deby Suportie on February 16th 2012 | Finance
Debts can often be difficult to manage especially when it has been around for quite a while already....
 
Bad Credit Secured Loan: Huge financial support in spite of bad credit
Published by Ian Foster on February 2nd 2012 | Finance
Bad credit secured loan has introduce by the economics establishment to continue the people whose cr...
 
Is financial planning the career for you?
Published by Advisor India on July 31st 2012 | Investing
Financial planner, personal financial consultant, financial advisor - the name may be many, but the ...
 
Major reforms in UK financial regulation: Draft Bill and White paper produced
Published by Becky on March 15th 2012 | Finance
The most significant modification in a decade to the UK’s financial regulatory architecture began ...
 
Loans for Unemployed: a financial contribution to jobless!
Published by Jim Kerry on June 5th 2012 | Finance
Cash loans for unemployed help the disappointed jobless people for pulling out of this financial cri...
 
Regain your financial standing through credit counseling Houston
Published by James on March 31st 2012 | Finance
There are lots of people who fall into a debt for different reasons. Usually after falling into a de...
 
Student loans in default, a rising concern for the financial market
Published by Michelsmith on January 2nd 2012 | Finance
Student loans in default state is growing day by day. The governments are really looking into these ...
 
Plan sensibly for your future with best financial planners
Published by Dkfinancialplanning on December 15th 2011 | Finance
Financial planning is about helping you achieve your short, medium and long term goals, through prop...
 
Free Credit Score: right choice to understand your financial status
Published by Anthony Brian on May 15th 2012 | Finance
Every customer is granted one free credit score report from principal agencies each and every year, ...
 
Same day loans no credit check - fight with the devils of financial crisis
Published by Sam Hopkins on December 3rd 2011 | Finance
Same day loans no credit check provide instant funds to an individual without looking into their pas...
 
Mutual Funds the heavenly financial instruments
Published by Advisor India on July 26th 2012 | Investing
The open-ended schemes allow the investor to invest on the mutual funds at any time of the year. The...
 
Right Process of financial Planning and need of getting a Financial Planner Sydney
Published by Avena Sowell on December 8th 2011 | Finance
Process of financial planning involves high level of knowledge and skills as financial markets keep ...
 
Great hope for the people with poor financial status
Published by Alice Johnsonn on January 3rd 2012 | Finance
Personal loans no credit check are the best way to access fast cash without undergoing any credit ch...
 
Short Term Loans: Fills the gap during financial crisis
Published by Annisa Nelson on June 5th 2012 | Finance
A short term loan manages your sudden expenses and pays out short term monetary urgencies....
 
Could buying a motor from Used Car Dealers Blackpool make financial sense for you?
Published by Mary Porter on June 19th 2012 | Finance
Most drivers know that when buying a car, getting a brand new vehicle is often unnecessary and that ...
 
Digital options growing fast as the foremost financial strategy
Published by Alvin Cook on April 12th 2012 | Investing
Digital options making it possible for investors to fulfill their requirements of right strategy...