How can a CERTIFIED FINANCIAL PLANNER™ Professional Help Me


CERTIFIED FINANCIAL PLANNER™Professionals offer a host of critical financial services to clients. These include advising their clients on how to save their money and strategies for investing and growing their investment portfolio. If you are pursuing a financial goal, the best way to find strategies is by hiring professional financial advisors that can have a “macro” or bird’s eye view of your financial situation. Most of us generally, are unable to have an objective look at our finances with the level of detachment that would allow us to make prudent decisions.

Randy Neumann CFP


Professional CERTIFIED FINANCIAL PLANNER™Practitioners offer a host of money management services that can help you get on top of your money and assets. These can include strategies and options such as estate planning, retirement planning, investment advisory and other money matters. Whether you are planning to save for a home, college or looking for avenues through which you can lower your tax burden, your best bet would be to hire a CERTIFIED FINANCIAL PLANNER™Practitioner who can analyze your unique situation and recommend options that will restore a degree of prudence in your financial management.

There are various reasons why you may need the services of a CERTIFIED FINANCIAL PLANNER™Professional. These include:

You Are Not a Financial Specialist

You might be earning a good income but if you are not skilled in managing it prudently and channeling it on long time investments and wealth creation, it will all come to naught. Not all of us are brilliant financial managers. To fully master personal finance and make the right financial decisions, you must be financially literate. By hiring a CERTIFIED FINANCIAL PLANNER™Professional, you can focus your efforts on building your career while leaving the money matters to experts who know how to handle money and turn it into a wealth creation tool.

You Have a High Net-worth

When you grow wealthier finances can become a little bit more complex. By this time, you hopefully have built an extensive portfolio of investments. A CERTIFIED FINANCIAL PLANNER™can help you manage your finances and save time.

High net-worth individuals, particularly, grapple with various complex financial problems. The planner will perform various functions such as managing large balances, carrying out advanced tax planning and estate planning. These often require specialized skills that the individual in need of the services may not have.

CERTIFIED FINANCIAL PLANNER™Professionals can plan tax saving strategies and help you prioritize investments that will work to increase your net-worth. They can even go a step further by taking charge of the management and implementation of financial strategies so you can focus your time and energy in doing what you know best.

Develop more disciplined financial strategies

Without a disciplined financial strategy, things can quickly get out of control. A financial advisor will steer you towards a more disciplined financial strategy orientation. Professional financial planners don’t just strategize and advise, they can also help develop strategies that seek to strengthen your financial position and raise awareness about your financial potential. CERTIFIED FINANCIAL PLANNERS™ can also be your accountability partners, coaching you to stay on track in pursuing your financial goals.

Are you self-employed?

Financial planning can get particularly complicated if you are self-employed. You have to contend with different sets of opportunities or challenges. You have an income that is highly variable and changes from month to month.

CERTIFIED FINANCIAL PLANNER™that specializes in the needs of self-employed individuals can help you make sense of various planning questions and opportunities. With this kind of advisory service, you can fully leverage the potential of your business and have a better grip on your finances.

Should You Pay for Financial Advice?

A lot of people, including high net-worth individuals, are often wary of paying for professional financial advice. However, if you are relatively well off, there comes a time when failing to pay for professional financial advice may actually end up costing you a lot more in lost assets due to bad investment decisions. There are studies that show that using the service of a financial planner can potentially add value to your portfolios net returns, total wealth during your retirement years, and simply be on track toward saving enough for retirement. There is a strong premium to use these services in your financial management goal setting.

It doesn’t cost much to hire a CFP®

You don’t have to be high net-worth individual to hire financial planning services. The services may typically cost 1% or more of your annual income or annual assets but at the end of the day, it will be worth it. If you are to factor in that you are paying a small percent of your annual assets to build wealth and establish the foundation for a comfortable retirement, then the small fee begins to make a lot of sense.

Professional financial planning services will use various financial planning processes to help individuals work towards various financial goals no matter their income. Through these services, they can assist you in myriad financial situations:

  •   They can advise you on your inheritance as well as other financial windfalls that you might get along the way.
  •   They offer professional advice to build a plan seeking to make your money last throughout your retirement.
  •   Professional financial preparation services for divorce or marriages.
  •   Financial planning for an adoption or birth of a child.
  •   Financial planning during life crises such as prolonged illness, sudden layoffs or even during natural disasters.
  •   Financially planning for the death of a spouse or a family member.
  •   Planning for college financing
  •   Professional planning for various complex financial situations.

Is Hiring a CERTIFIED FINANCIAL PLANNER™ the Right Option for You?

For most people, a financial planning service is generally the best option. With these services, you can start making better financial decisions. Knowing your money is in the right hands and working for you provides confidence that you are making wise money decisions. Contact us today!