4 Things You Should Not Hide From Your Financial Adviser
Bangalore: Some people don’t realize the importance of financial planning. From paying your children’s school fees till your retirement, it’s very important to plan your financial calendar so that you can fulfill your different goals in life.
To have a brilliant financial plan you need an ideal financial planner who will help you in achieving all your goals. But sadly, most of the people don’t participate rightly in their financial planning process and ends up with an unstable financial life.
Here are 4 things you should never hide from your financial adviser listed by ‘Economic Times’:
1. Communicate Rightly to Your Financial Adviser
If you are going to meet a financial adviser for the first time, make sure that you share all the information about your liabilities, assets, income and expenditure clearly. You should always make your money habits, your goals and aspirations clear to your planner.
Ranjit Dani, a certified financial planner at ‘Think Consultants’ says that the financial plan is completely based on the data provided by the clients and if they don’t realize what they want or fails to communicate with us, there is a risk where the financial plan may not help them reach their financial goal.
Usually an expert financial planner will first give you the questionnaire to fill and then speak to you directly for clarifying the information that you have presented in the questionnaire.
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