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Are financial planners so useful.

Created by : Himadri Shekhar Bhattacharjee, Asst. Manager/Manager (Technical), Punjab National Bank  | 06 26 2011 17:01:35 +0000
Keywords : are financial planners so useful.
Activity:  111 views;  last activity : 06 27 2011 07:50:32 +0000
 
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In these days of extreme volatility in financial markets, abolition of joint families, administered interest rates, etc. we should be extremely cautious about managing our finances and in doing so, the new breed of professionals called 'financial Planners' have become very useful.
By Himadri Shekhar Bhattacharjee, Asst. Manager/Manager (Technical), Punjab National Bank  06 26 2011 17:01:35 +0000
 
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Financial Planning is becoming so important these days which injects need of financial planners. Financial Planners are very important due to their true knowledge and guidance about finances. Example: An engineer would be expertise in managing technicalities of machines when s/he earns money he to have some goals in life with his money, a financial planner's consultancy will bring him nearer to his goals. So any person who wants to have better finances must hire a financial planner. There are three types of financial planner in the market: 1. FEE BASED FINANCIAL PLANNER: They charge single fee for making a financial plan. 2. Commission Based Financial: They make financial plans but they sell some products too for which companies pay them commission. 3. Capital Management Companies: They take your money and manage themselves and pay you returns at the end of the year after charging some payment from the earned money. So choose your financial planner in the best way. Best financial Planners are Single Fee Based Financial Planners. Happy Finances....
By Sharad Kiyal, Financial Planning Advisor, Aviva Life Insurance  | 06 27 2011 07:50:32 +0000
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