When it comes to making decisions about your finances and future, it is important to put your best foot forward. Typically, that means hiring a financial professional, who can guide you through making decisions about your wealth. However, there are many types of financial professionals who have a variety of expertise, which can make it difficult to decide what type would work best for you. To help, here are a few types of financial professionals to help you determine what services are right for you.

Financial Coach

Whether you need to build a budget or learn how to save for retirement, a financial coach can help you understand financial concepts and work with you through personal planning decisions. Ultimately, your financial coach will provide you with the tools you need to build your wealth or get back on track with your spending.

Certified Financial Planner

No matter an individual’s financial situation, everyone needs a plan. When you work with a Certified Financial Planner (CFP), you are working with someone who is an expert in the field. In order to be credited, CFPs have to hold a bachelor’s degree from an accredited university, have three years of full-time personal financial planning experience, along with passing a certification exam, and continuing education to maintain their license. Financial planners typically work with clients who have more than $50,000 of investable assets, and can help you create a comprehensive financial plan, while answering important questions about your wealth. From investment guidance to retirement planning and managing debt, your financial planner will guide you to reaching your financial goals.

Investment Advisers and Brokers

Investing your wealth is something you don’t have to do alone. Investment advisers are individuals or companies that are hired to provide clients with guidance for investment decisions. Investment advisers help you manage your portfolio and function as a consultant regarding your investment needs.

Brokers, are similar but are typically paid on commission. It is important to understand their fees and make sure they are acting in your interest. Working with an investment professional can make investing easier and less time consuming. It’s important to be aware of possible scams, which is why the Financial Industry Regulatory Authority (FINRA) offers a free online BrokerCheck that can alert you to potential fraudsters.

Finding a Fiduciary

No matter what type of financial advisor you hire, the one you choose should be transparent. A fiduciary is a financial professional who is legally obligated to be unbiased and work in your best interest. Fiduciaries, like the professionals at Emerj360, typically follow a fee-only structure and do not receive benefits or commission from any product sales, meaning they will fairly manage your financial needs.

Questions to Ask

Before you choose your financial professional, it’s important to do your research. During your first consultation, you should have a list of questions ready to make sure they are the right fit. Some questions include:

  • Are you a fiduciary?
  • What is your fee structure and how much do you charge for services?
  • How do you view client-advisor relationships?

Work with Emerj360

At Emerj360 you have the opportunity to work with a CFP or a financial coach who will provide you with guidance that is specifically tailored to you and your unique goals. As fiduciaries, you can have peace of mind knowing that the advice we provide is always in your best interests. We can work with you in a variety of ways, whether you are looking to create a financial plan, navigate financial changes, need investment guidance or want to begin planning for your retirement. To get started, give us a call at 1-833-637-5360 or send us a message.

Written By  Heather Jordan
How to Create a Budget for Your Financial Plan
Brett Sebion, Financial Coach  – November 21, 2023
When it comes to following your financial plan, your budget serves as a roadmap for your spending each month. Building a budget that is organized, comprehensive and easy to follow is an important step to growing your wealth and savings. And while following a budget may seem like a tedious task, it is actually simpler […]
Keep Reading
Five Tips to Save for Multiple Financial Goals at Once
Heather Jordan  – November 14, 2023
Most of us will always have savings goals that compete for priority in our lives. Between home ownership, retirement, student loans, new vehicles — it’s easy to get overwhelmed and not understand how to realistically tackle these goals at the same time. The best way, of course, is to have a savings plan. By taking […]
Keep Reading
Protect Your Finances From Fraud
Heather Jordan  – November 13, 2023
As you navigate the digital landscape, it is important to be aware of the evolving fraud risks. Scammers embrace AI and other technology because it enables them to analyze large amounts of data quickly, identify potential targets more efficiently, and personalize their scams to appear genuine, increasing the chances of success. By equipping yourself with […]
Keep Reading

What are you waiting for?

Everything we do boils down to this: by doing what is best for you, we do what’s best for our company. Helping you build financial security and plan for retirement so you can look forward enjoying life.
Open Account right-arrow-dark Sign Up Now right-arrow-dark