Friday December 12, 2008 - Q's from Listeners: Where Can I Find a Good Planner?

[0:00] ..." I'm double BBC news radio 1030 with certified financial planner and educator deeply we are taking your questions this week and today. I think is the question that he has asked the most where can I find the good financial planner and -- Are you available and the answer to a higher listings as I'm not I don't see individual client but -- does run financial planning seminars all over the country under the auspices. All of secretaries of state maybe you'll be lucky enough to go to war"...

[0:38] ..." Right and now how do you find a planner for right -- begin by asking your friends speak with your professional such as your attorney or accountant you know who would they recommend. The -- to understand your particular situations in needs let's say your school teacher. You don't want your sister in -- planner because she's a dentist and this person may work primarily would dentist he wants someone who understands the Massachusetts teachers retirement system. I have a bias here I think he should be talking to a certified financial planner a CFP. In order to -- see -- PD must be licensee must have passed a comprehensive exam covers the key aspects of financial planning. They must have experience in financial planning. Prior to receiving right -- and you says CFP designation after their name. They have continuing Ed requirements thirty hours the most -- every two years and they must sign a code of ethics Ellis is going to guarantee that you're going to get the best planner ethical. On in the world milk which you know what it levels the playing field -- to be looking for CFP not to getting some referrals you should plan to interview several planners. Many advisor offer free introductory consultation. During this interview you'll have the -- opportunity to ask questions about the planner and their firm. But remember they're going to be interviewing you they want to be sure you fit into their pressure is"...

[2:01] ..." in other different ways their fee only commission only fee and commission money management. In check our website for more information but basically you want to know how they're compensated. You don't want to be the"...

[0:00]" I'm double BBC news radio 1030 with certified financial planner and educator deeply we are taking your questions this week and today. I think is the question that he has asked the most where can I find the good financial planner and -- Are you available and the answer to a higher listings as I'm not I don't see individual client but -- does run financial planning seminars all over the country under the auspices. All of secretaries of state maybe you'll be lucky enough to go to war to which they're wonderful and energetic and you might get a piece of candy."

[0:38]" Right and now how do you find a planner for right -- begin by asking your friends speak with your professional such as your attorney or accountant you know who would they recommend. The -- to understand your particular situations in needs let's say your school teacher. You don't want your sister in -- planner because she's a dentist and this person may work primarily would dentist he wants someone who understands the Massachusetts teachers retirement system. I have a bias here I think he should be talking to a certified financial planner a CFP. In order to -- see -- PD must be licensee must have passed a comprehensive exam covers the key aspects of financial planning. They must have experience in financial planning. Prior to receiving right -- and you says CFP designation after their name. They have continuing Ed requirements thirty hours the most -- every two years and they must sign a code of ethics Ellis is going to guarantee that you're going to get the best planner ethical. On in the world milk which you know what it levels the playing field -- to be looking for CFP not to getting some referrals you should plan to interview several planners. Many advisor offer free introductory consultation. During this interview you'll have the -- opportunity to ask questions about the planner and their firm. But remember they're going to be interviewing you they want to be sure you fit into their pressure is well both and I didn't take the first first one up."

[1:54]" and don't be afraid to ask tough questions this is your money. You want to ask how are compensated this the most important part in other different ways their fee only commission only fee and commission money management. In check our website for more information but basically you want to know how they're compensated. You don't want to be the smallest amount to know you reunion certainly --"