Nationwide Financial Planners

National Coverage

Local Professionals

Financial Planning Advice

American Financial Planners

American financial planners offer a wide range of professional services. They have access to many financial products and can tailor a strategy to help you make the most of your current resources while planning for a secure future. Perhaps the most important thing that American financial planners offer is expertise, which can lead not only to security but also peace of mind.

When many people think of financial planning they often picture the stock market or some vague image of bonds, securities or Wall Street. The American financial market can seem like a complex and confusing place. Some people are hesitant to invest in things that they don't understand and are not sure of how to begin to learn more.

Others think that American financial planners are only interested in working with very wealthy clients. It is for these and similar reasons that many American workers do not have a solid plan for managing their money now or in the future. These individuals have not made allowances for supporting themselves through a catastrophic event such as unemployment or the need for long term medical care. And they hope that Social Security will provide enough to meet their expenses once they have left the working world.

Benefits of Financial Planners

American financial planners, such as fee based financial planners, are professionals who often have had an extensive education with advanced degrees. Many of these individuals receive on going training through seminars, conventions and college courses. They keep up to date with the latest trends and regulations in the American and foreign marketplaces. They work every day in this arena and understand how these services and products can complement one another when used as part of integrated planners.

But American financial planners do much more than simply suggest where to put your money. The good planners will first seek to get to know you. They will ask about your hopes, goals and dreams for the future. They will want to know about your family, what stage of parenthood are you at, will you need to pay for your children's tuition? Do you have elderly parents who you may need to support in an assisted living or nursing home facility?

You should make sure that any planners you work with understand your tolerance for risk. When you plan to retire and what you hope to do after you have finished your career will also play an important role in the strategy that they design for you. And that is exactly what American financial planners do for you, design a plan that is unique to you, your situation and your goals.

Because the plan will be drawn up specifically for you, you will have the ultimate say in how your money is handled. But you won't have make those decisions alone or without solid advice. One of the big advantages to working with American financial planners is that they have usually helped many other people in similar circumstances to yours. And their knowledge of the American markets and regulations gives them a big picture outlook.

They will help you prioritize your goals and make a plan to meet them. They will offer advice to help you when buying a home. They can give you a clear understanding of retirement planners, including the advantages and differences between a 401k and a traditional or Roth IRA. Depending on your circumstances some sort of investment planning may be appropriate. And they are familiar with American tax laws so they can help maximize your resources while helping understand the tax implications of your plan.

Costs of Financial Planners

There are expenses associated with working with American financial planners that you would not incur if you handled your money on your own. But the expertise and experience they bring to working with you are usually worth the cost. Some of these professionals work on a fee based basis. That means that you are charged a flat rate for their services. Sometimes the fee is based on an hourly rate.

Other individuals or firms earn a commission on the products they sell. And there are those who work on a combination of fee and commission earnings. It's important that you understand how you are being charged and exactly what you are getting for your money.

Many individuals belong to one or more professional organizations or associations. These organizations have minimum qualifications and standards of conduct for their members. It is wise to check the credentials of anyone you consider working with.

Navigating through the American financial marketplace, with all of its options and regulations can be an overwhelming prospect. But it is not a journey you have to take on your own. American financial planners are professionals who are trained to help steer you through your present circumstances to the future you have dreamed of.

This website provides information related to the subjects covered. Before making any financial or legal decisions, a professional should be consulted.