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Financial Planning Courses: Choosing a Financial Planner

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1.
You can locate a financial planner by researching the various professional associations that serve planners.
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True. You can go to their Websites and find planners who work near you.
2.
Financial planning exists to help us become rich.
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False. Not everyone wants to get rich. But everyone wants to achieve their life goals, which is what financial planning is for.
3.
Financial planners must act in their clients' best interests when working with them.
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True. Although this is a generally accepted notion, some planners still do not act in their clients' best interest. That's why it is best to ask a lot of questions before hiring them.
4.
The last part of the financial planning process is _______.
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Evaluating the success of your plan. Once the recommendations of your plan are carried out, the last step is to monitor it.
5.
Your financial planner receives 2 percent of the amount invested in a mutual fund from the mutual fund company. This is known as _______.
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A commission. Some planners who are also licensed insurance agents, stockbrokers, or financial advisors get paid by receiving a percentage of what you invest from the underwriter or investment company.