Thursday, January 21, 2021

Why you can call your financial planner best friend


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It’s high time we start recognizing our investment advisors for what they really are: the unsung heroes of the world. It’s too limiting to confine them to the financial and corporate sphere; what they do for us greatly impacts our personal lives too. These heroes have exercised great wit with grit; their passion to help others achieve their financial goals is a feat in its own. It’s quite possibly one of the very rare careers that allow you to attain both fulfillment for yourself and your client. Its a two-way street.

Choosing the right financial planner for you may be one of the most important decisions you’ll have to make in your financial life. This will not only affect you, but your entire family as well. Financial decisions today can make or break your ability to fulfill your goals.

Financial advisors, financial planners, financial consultants — they go by many names, but at the end of the day their trade is the same: to ensure your financial goals are kept in check while your quality of life goes from 0 to 100. These guys work day in and day out to create future-proof programs to protect, secure and enable you during your financial journey. Well versed in topics such as investments, estate planning, retirement and taxes to name a few, a financial planner you’re wise to think you’re in very good hands.

If you’ve read my previous work on the Tips To Choosing The Right Financial Planner (and if you haven’t yet, I highly suggest you do), you’ll know just how imperative it is to look for a financial planner that exudes everything from being knowledgeable and hardworking to being reliable and competent. This is someone you’ll be working hand in hand with to achieve all of your financial goals, so be generous on your time and energy during the meticulous process.

Financial planner have your best interests at heart. They tailor fit the financial planning to better suit you and your personal whims, risk appetites, as well as other factors that solidify your relationship with your financial planner as something that goes above and beyond just “business”.

Establishing a deeper connection with your financial planner to the point of fondness or friendship is a given; it’s hard not to like someone who helps you navigate through life with nothing but good intentions.

An efficient financial planner can not only help you choose the right decisions, they can recommend tax-savings strategies that can help you save on time and resources too. A financial planner will be able to offer services – be it implementation or management responsibilities so that you have all the time in the world to focus on making the money and enjoying your life.

It’s a push and pull scenario where you generate the income, while your financial planner does his best to make those assets grow. He takes on the fuss so you don’t have to.

The financial planner oversees your finances for you, allowing for a stress-free environment to pursue your career and other endeavors while he takes care of the nitty-gritty. Allowing your financial planner to handle your funds will allow you to focus your attention on other areas of your life.

To determine the best way to maximize those returns and improve your account’s performance, an advisor go as far as monitoring bank accounts. He researches investment opportunities to find financial planning opportunities that you or your friends may not have even heard of. It pays to be prepared, and a financial advisor exemplify that.

In essence, the real value of having a good financial planner is the better life and financial security that’s in store for you. He empowers you to make better financial decisions while helping you take full advantage of all the opportunities coming your way.

On top of that, there’s the peace of mind that comes from knowing that your finances are on the right track. The next time someone asks you who your best friends are, make sure you include your trustworthy financial planner. Through thick and thin, mate. Cheers!

* * *

Melvin J. Esteban is a Registered Financial Planner of RFP Philippines and CEO of weLEAD. Melvin is the first Filipino to win the prestigious “Young ASEAN Manager Award”, and has since been engaged in the financial services industry for over 20 years in various capacities such as wealth management, learning and development, portfolio management, and segments marketing. Learn more about personal financial planning at the 76th RFP program this June 2019. To inquire, e-mail or text <name><e-mail><RFP> to 0917-9689774.



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