Financial Planning : A Day in the Life of a Financial Planner

A financial planner's average day involves talking with people to find out how coach-able they are and calling existing clients for updates. Find out how financial planners connect clients with companies that can help them through mortgages with help from a financial strategist and consultant in this free video on financial planning.

Expert: Ted Schmidt
Contact: www.flgus.com
Bio: Ted Schmidt has spent the last 21 years as a financial strategist and consultant. He is active in the Hendersonville Chamber of Commerce and the Real Estate Investors of Nashville.
Filmmaker: Dimitri LaBarge

Category:

Howto & Style

Tags:

• financial
• planning
• planners
• consultants
• advice
• personal
• finance
• money
• management
• foreclosure
• budgets
• income

[wilsonphillips58]

A good financial planner will provide more value than he charged.  Same with a doctor, a lawyer, an accountant, or a mechanic. Bloggers that say otherwise have neither the studies nor the experience to say otherwise. Most GOOD financial planner or consultants study for years to get their certifications or degrees. It takes 10 seconds to log in and whine about why "they are all crooks". The internet is filled with crackpots.

[wacekgniezno]

Financial advisors are just commissioned sheep herders and that is all. Money cannot come from nothing, so if you made it then somebody lost it or will lose in the future, and that is the only thing guaranteed. Don't be a sucker and believe everything these sweet talking fools in suits tell you. Major market collapse is coming, and at that point a lot of people will lose everything, and the advisors will be like deer in headlights along with their ruined clients wondering what happened.

[wacekgniezno]

Unfortunately, in every trade there is a winner and a loser, so half the people will ALWAYS lose. No way around it. That is the truth. The financial advisors simply perpetuate the Ponzi scheme by finding fresh suckers (and their fresh money) to put in the market. They boast of their company's reputation and how many years the company has been around. All that is meaningless, since any company, no matter their reputation or length in business, can collapse overnight(many recent examples).

[wacekgniezno]

That is all nice and dandy, but in the end all these "financial planners" are is sales people. They sell you a product you may or may not need for a commission. Pure and simple. The stock market they think they know about is a huge joke. Almost all financial products are based on the Ponzi scheme principle, whether insurance, stock market, bonds or whatever. You are always buying in hopes that in the future you will find a bigger sucker to sell to at a profit.

[goldglove41111]

This guy is a joke. Doesn't charge for writting a plan? That is a red flag in my book that he is only looking to position himself for the next transaction i.e.annunity. Be careful with this type of self proclaimed "financial planner". These are the guys that will stick you with a product based off of some sob story. Don't get me wrong, they do tell a good story...it just may not be the right one for you.