When to go for a Financial Advisor?

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Financial Adviser

When one wish to optimize one’s financial, one has the choice between many investments and the choice can be difficult to make. Appealing to a financial advisor is therefore the most suitable solution. He or she has the knowledge to provide financial advice, to move to one or the other placement according to their own objectives and to avoid making bad decisions.

What is a financial advisor?


A financial advisor, or financial management advisor, is a professional capable of assisting individuals in their decision-making, according to everything related to financial savings and financial optimization. Given the range of investments available, he is able to find the one that best meets the expectations of his client, according to several criteria: his objectives, his budget, the degree of risk he is ready to take. The financial adviser provides personalized advice, following an appointment where he takes the time to know his client. The goal for the customer is to save time and money.

The great strength of financial advisors, for those who do, is their independence from financial institutions. They can therefore be objective, and give advice that really goes in the direction of their client. There is a financial advisor in many areas. It can provide advice on savings, taxes, but also insurance, real estate investment or retirement.  You can take help from any expect like Bradley Fauteux who is accomplished leader with more than sixteen years of senior management and executive-level experience. Brad Fauteux has specific experience in the areas of service delivery, organizational design, business development, relationship management, and financial management.

How to call a financial management advisor?


The objective of wealth management is, for us, to have an overall view of the financial situation of an individual or a family.

Beyond the simple monthly savings to make up for the unexpected or to afford a trip, it’s crucial to know exactly what you own – and do not own.

In wealth management, it is important to ensure that all financial data interacts with each other that each aspect of a balance sheet takes into account what is happening elsewhere in the life of the investor. And the procedure begins with a thorough examination of the personal, family and professional situation.

The cost


One of the key benefits that a financial advisor will provide is a financial plan, something that is never free. As we explain in this article, we can easily think that it is free because the financial advisor told you that you will have nothing to pay initially. In fact, a planner who receives commissions is paid in return for any insurance or investment product that you subscribe to put this financial plan in place.

Benefits of the financial advisors:


  • Fees: Planners who are paid fee-based may charge an hourly rate, have a fixed fee for a specific service, or collect an amount that is based on a percentage of assets or income. In certain situations, the remuneration will be the combination of a fixed amount and a commission.
  • By commission: The planner is paid if you buy the financial products to implement the recommended financial plan. In some cases, companies providing financial products, such as an insurance company, pay a commission. In other cases, it is you who pay it, in this case, if you subscribe to the shares of a publicly traded company.

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