As a consumer, getting overwhelmed by all the options in front of you is easy. You can spend hours online or in person researching different investment platforms and asset managers, but what if there were someone who could help you identify your unique situation and develop a long-term financial strategy? A certified financial planner in Orange County can help with this task.
Heavily Regulated
Because they are so heavily regulated, CFPs must adhere to a higher standard of care. They are required by law to put your interests first, and they must abide by the fiduciary standard, a legal obligation that means you can trust your planner’s advice will be in your best interest.
The fiduciary standard requires financial planners to act on behalf of their clients in all matters related to financial planning and investment management services. A CFP adheres to this standard by:
- Giving unbiased advice on products and services from multiple companies
- Recommending low-cost investments available from many providers
Vast Experience
The vast majority of certified financial planners in Orange County have accumulated experience and are willing to share the fruits of their labor with you. If a qualified CFP is unavailable in your area, it’s best to find a financial advisor who specializes in your needs. The more experience your advisor has, the more likely they can find an investment strategy that works for you.
Latest Investment Strategies
Your advisor must keep up with the latest investment strategies and regulations. You can trust them to have in-depth knowledge of the markets and how your portfolio should be structured. Understanding current financial trends gives you confidence that your investments will grow steadily without taking unnecessary risks.
If you found this information helpful and would like to explore more, please visit Cooke Wealth Management.