Finding a financial planner is by no means an easy chore. If you aren't careful you can very easily fall prey to scam artists, shady characters and terrible information. It's very hard to figure out which direction to go in with your search.
There are two ways to find a financial planner, the right way and the wrong way. Any company or individual that offers their services in the following manners need to be avoided no matter how good they may seem at the time.
Cold Calls * For many people there is nothing more annoying than coming home from work after a long day, ready to relax and the phone rings and there is a telemarketer on the other end. Now you have this financial planner trying to give you a speech about how all your financial wishes can come true.
A cold call is simply an unsolicited call that is made to you by someone claiming that they are a financial planner. Cold calls are very intrusive and the person on the other end will usually do or say anything to try to keep you on the phone. All they really want is a commission.
Education Classes * It's very common for people to enroll in financial education classes. They are always eager to show up and learn how to improve their financial status in just a few classes.
Unfortunately many times the instructor is just a broker that is in search of more clients and this is a ploy to get them. They will keep the class purposely in the dark on certain information in order for them to retain their services for the additional information.
Free Seminars * We've all heard the saying "You get what you pay for." It's definitely true in this case. The audience members don't have to pay and the teachers of the seminars don't get payed.
The goal of these teachers doing these free seminars is to get noticed and hopefully drum up some business from the audience members.
