Financial Planners Category

Some planners are CFPs, some are CPA/PFS’, and some are sales reps masquerading as planners so they can sell more investment and insurance products. For example, life insurance agents figured out a long time ago that “planner” sounded a lot better than “agent” when they talk to potential clients. With no other changes they became overnight planners because it helped them move product.

By: DFreecloseAuthor: DFree Name: Debbie Freeman
Email: debbie@paladinregistry.com
Site: http://www.paladinregistry.com
About: See Authors Posts (14) | June 21, 2010 | Financial Advisors, Financial Planners

If you’re considering hiring a financial advisor or financial planner, here are five things you should avoid during your selection process.
1. Never limit your hiring criteria solely on where the advisor is located in relation to where you live. You should always look for the most competent financial professional vs. the most convenient.
2. Don’t [...]

By: Rick KahlercloseAuthor: Rick Kahler Name: Rick Kahler
Member: Member Paladin
Quality Rating:
Email: rick@kahlerfinancial.com
Site: http://www.kahlerfinancial.com
About: Rick Kahler, MS, CFP®, (www.KahlerFinancial.com) is a fee-only financial planner, speaker, educator, and columnist. Rick is renowned as a pioneer in integrating financial planning and psychology. In 2009, he was recognized by Wealth Manager as the largest financial planning firm in a seven-state region. In 2009, BusinessWeek listed him as one of the 15 most experienced planners in the United States. He is the past chairman of the South Dakota Investment Council, charged with the investment oversight of over six billion dollars. His work and research has been featured or cited in The Wall Street Journal, ABC's 20/20, New York Times, Washington Post, USA Today, Money, SELF, and Parenting. He is a co-author of four revolutionary books on money, financial planning, and therapy: Wired for Wealth (Health Communications, 2008), Facilitating Financial Health (NUCO, 2008), The Financial Wisdom of Ebenezer Scrooge (Health Communications, 2005, 2008), and Conscious Finance (FoxCraft, 2005, 2007).See Authors Posts (9) | November 11, 2009 | Conflicts of Interest, Financial Planners

What exactly do you get when you engage a fee-only financial planner?
This question seems so obvious that it is rarely asked, yet its answer is important.
Fee-only planners, much like attorneys and physicians, are compensated for their knowledge and their services. They do not receive commissions by selling products such as insurance or investments.
For many [...]

By: Jack WaymirecloseAuthor: Jack Waymire Name: Jack Waymire
Email: jack@paladinregistry.com
Site: http://paladinregistry.com
About: Jack writes for the InvestorWatchdog website and Worth magazine. He worked in the financial services industry from 1976 to 2004. For twenty of those years he was the president of a Registered Investment Advisory firm and a Broker/Dealer. Jack is the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor and is a co-founder of PaladinRegistry.com.See Authors Posts (87) | July 18, 2009 | Financial Planners

Did you know anyone can call themselves a financial planner? That’s right anyone regardless of knowledge, experience, or licensing. It is a popular title in the financial services industry because it doesn’t sound like a sales role. Consequently, the use of the  planner title has become another deceptive sales tactic. 
Years ago, insurance agents found their label had a negative impact on [...]

By: Rick KahlercloseAuthor: Rick Kahler Name: Rick Kahler
Member: Member Paladin
Quality Rating:
Email: rick@kahlerfinancial.com
Site: http://www.kahlerfinancial.com
About: Rick Kahler, MS, CFP®, (www.KahlerFinancial.com) is a fee-only financial planner, speaker, educator, and columnist. Rick is renowned as a pioneer in integrating financial planning and psychology. In 2009, he was recognized by Wealth Manager as the largest financial planning firm in a seven-state region. In 2009, BusinessWeek listed him as one of the 15 most experienced planners in the United States. He is the past chairman of the South Dakota Investment Council, charged with the investment oversight of over six billion dollars. His work and research has been featured or cited in The Wall Street Journal, ABC's 20/20, New York Times, Washington Post, USA Today, Money, SELF, and Parenting. He is a co-author of four revolutionary books on money, financial planning, and therapy: Wired for Wealth (Health Communications, 2008), Facilitating Financial Health (NUCO, 2008), The Financial Wisdom of Ebenezer Scrooge (Health Communications, 2005, 2008), and Conscious Finance (FoxCraft, 2005, 2007).See Authors Posts (9) | July 6, 2009 | Financial Advisors, Financial Planners

If you’re looking for a financial planner, it’s a good idea to interview several. Here is a list of questions, in no particular order, that you may want to ask the planners you interview.
1. What are the characteristics of your typical client? If a planner serves a very narrow niche, such as specializing in employees [...]

By: Amy HerrickcloseAuthor: Amy Herrick Name: Amy Herrick
Member: Member Paladin
Quality Rating:
Email: rher86@aol.com
Site: http://paladinregistry.com/external/beaninformedinvestor/advisor_profile.php?advisor_id=1258
About: I have been in the financial services industry for over 23 years achieving the Chartered Financial Consultant (ChFC) and Investment Advisor Representative (IAR) designations. For the benefit of my clients, I am a licensed Life, Health, Critical Illness, Long Term Care and Disability Insurance Agent in multiple states. I believe in giving back to the community supporting ministries of the Light of The World Christian Center, Couple to Couple League, The Helping Hands of Goodwill Industries and other non-profit organizations on a local or global level Compliance Disclosure: Amy Rose Herrick, ChFC, Investment Adviser Representative is a Registered Representative of and offers Securities and Investment Advisory Services through Woodbury Financial Services, Inc., Member FINRA, SIPC and Registered Investment Adviser branch office 4536 SE 37th Street Topeka, KS 66605-9141 785-379-0586See Authors Posts (18) | June 11, 2009 | Bad Financial Advice, Conflicts of Interest, Financial Advisors, Financial Planners

To avoid unnecssary portfolio churning when changing Advisors, perhaps only a change of Broker form or other document is all that is really necessary.

By: Steven_Schwartz | June 9, 2009 | Financial Advisors, Financial Planners, The Regulators

Money Managers, Financial Planners, and Other Investment Advisors:? ?You can check out whether your money manager, financial planner or investment advisor has had issues in their past by taking advantage of the ?Investment Advisor Public Disclosure? website. This database is sponsored by the Securities and Exchange Commission (?SEC?) and the North American Securities Administrators Association [...]