Need a certified financial advisor who can help me allocate my assets. All of the consulting will be done through email.
2007-08-17 05:35:18 · 6 answers · asked by Dawood 1 in Business & Finance ➔ Careers & Employment ➔ Financial Services
I'm not certified and having a CFA do your work won't protect you from shark salespeople and their shoddy products, nor from their mental errors.
watch yourself on this.
GL
2007-08-17 05:43:21 · answer #1 · answered by Spock (rhp) 7 · 1⤊ 0⤋
Well, well, well..... "ain't" this a "sucker question"!!!!!
1) First of all...there is "no such thing" as a "Certified Financial Advisor" to my somewhat extensive knowledge of the industry. You CAN find CFAs...Certified Financial Analysts,...and also Certified Financial Planners, Certified Investment Advisors, etc etc etc.....but not what you "specifically" stated you are looking for. So, "no" you can't find a Certified Financial Advisor...anywhere...to help you allocate your assets.
2) "Allocate your assets"??? Okay...too open of a question/statement(?). What kind of assets are you referring to??? Are you meaning "money"...as in...the "cash or equivalent" that you have in a bank account, CD, money market, etc...and/or any retirement savings...in IRAs 'and' 401k's etc. Or, did you mean to find someone who can also advise you on "hard assets"/"physical assets"....which could be your home, business, a personal airplane and/or hangar (yes, some of my clients do have these), an art collection, etc etc. Perhaps, you only meant to have your "Certified Financial Advisor" allocate your assets...by telling you which space you park your three cars in...'cause those are your only true assets. (sorry too cynical...why?....see #3)
3) "Consulting will be done through email"????? What the CRAP is that??? You have no intention of "speaking with someone"...clarifying who you are, what your goals are, the balances of outstanding liabilities/loans vs sales values (i.e. cars, homes, etc) and qualifying items like... married?... kids?..... remarried?... same woman, different, kids from both...just the first...who do you want "residual" funds to go to?.....Hey, if you want "Certified" ANYTHING you better know that this person shoul be "somewhat" like me and won't "Certify" CRAP without knowing who you are, where you are, what you liability/risk scenario is...and what MINE IS(?!?!?!??).....'cause, Surprise(!), I do have "liability" in what I do....and an anonymous "nobody" with general questions and no way to know who I'm talking to ...won't get any "real" or "Certified" anyone worth $5 to "work with you".
So...if you "really" only want to deal with someone "through email"...then you should stick with "regular" internet stuff. Try the standard websites...
www.cfp.org
www.crown.org
www.Fidelity/Schwab/etc(do-it-yourselfers).com
www.(any financial institutition).com *they'll refer you to someone nearby...not based on ethics or client experience/returns)
Or, try rephrasing your question...and being open to "actually" working with a "Certified" professional....who WILL require that they know you!!!!! ***If for no other reason, if you're in a state I am not registered in (off-chance, but maybe)...then I can get fined/ censured/ suspended/ or lose my license...by way of the NASD (governing body for "licensed" folks) for doing business in a jurisdiction without being "properly licensed"!!! (Real professionals know this!)
2007-08-19 18:38:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There are many free tools on the Internet to help you allocate your portfolio.
Look at some of the major sites like Fidelity.com
Charles Schwab etc. or better yet stop in one of their offices to get some help. The will usually help show you what tools they have available.
It's not really that tough to do on your own if you understand how much risk you are comfortable with & your time horizon on when you will need the money.
Depending on the size of your account, you could probably get some free proposals from local advisors. Just so you know they will probably use fee based products vs. no-load funds in order for them to get compensated.
If you still want to find someone:
Try looking at guru.com or elance.com & see if there are any professionals who can help you.
2007-08-17 11:48:50 · answer #3 · answered by ellissanjose 2 · 0⤊ 0⤋
Check the Financial Planning Association website and make sure that you look for a Certified Financial Planner practitioner. I would also you suggest that you interview multiple candidates and are sure of the compensate terms.
2007-08-17 12:31:44 · answer #4 · answered by cleeroberts@sbcglobal.net 2 · 1⤊ 0⤋
not sure why you do not want to have a personall advisor.
Better whatever your reasons.
you can manage you assets pretty much yourself.
website like manulife and aia and even cpf boards website will give great inform
1st work out what u have.
than plan what u need (not what u desire)
Than seek out ways how u cab achieve it.
2007-08-17 05:47:24 · answer #5 · answered by Anonymous · 0⤊ 0⤋
better do some kinda background check on them. or find someone well known- that is recommended by other people.
2007-08-17 05:42:19 · answer #6 · answered by Jenn S 5 · 1⤊ 0⤋