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Financial Planning Courses: Choosing a Financial Planner

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1.
What is the purpose of doing financial planning?
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To achieve your goals and dreams. Financial planning exists so you can manage your money such that you achieve your goals and dreams.
2.
All financial planners sell investment products.
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False. Not all of them are licensed to sell investment products.
3.
Some financial planners can also buy and sell investments for you.
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True. If they have the licenses for it, they can offer this service.
4.
To look up a financial planner to make sure he or she has not committed any violations, you can go to _______.
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BrokerCheck. BrokerCheck is a convenient online source that lets you look up a broker or financial planner to check for ethics or criminal violations.
5.
A financial planner might charge you both a fee and a commission.
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True. Since fees and commissions compensate the planner for different services, some planners will charge both. It's good to ask how he or she charges.