Capital U: Providing Financial Advice That Works

Everyone who earns any amount of money would like to see the money invested wisely over the years and grow to establish their financial security.  However, it is difficult to get information on how to make money work for you alone. Also, many workers hardly ever get time to do their own research on how to invest and plan their finances. A perfect plan for such individuals would be to seek free online financial advice. Not only is it helpful, you can get all the services on your phone or tablet as you go on with your daily activities. Talk about convenience!

How to Choose a Free Online Financial Advice Service

Friends and Family Referrals: Getting recommendations from people who have ever used a free online financial advice successfully is a great way to start your search. In particular, get referrals from your friends and family whose financial needs, outlook or stage of life is similar to yours. This will help you be more accurate in your search for a suitable financial advisor.

Do your research: Before choosing your advisor, it is important that you do your own research about the skillset that your ideal financial advisor should have to help you. This will help you in such a way that you will know if a financial advisor is suitable for your specific needs.

Investigate your potential advisor: Before choosing a free online financial advice service, do some investigations as this may save you in the long run. Most importantly, make sure that they are clean and that the methods they use are legitimate. In many countries, there are some regulatory bodies where every legitimate financial advisor service is listed. Be sure to check whether the service you choose is listed before engaging them for financial advice.

Choose a fiduciary: A fiduciary is a financial advisor who is mandated by Rules of Conduct in the financial advisor/planner fields to place the clients’ needs and interests above their own. They should disclose the fees and any potential conflicts of interest that may influence a potential client’s decision to use their service. Having a fiduciary is highly advantageous for any client since everything that is discussed and any financial plans provided will be in his/her best interest.

Charges: These vary a lot from advisor to advisor and there are also some free online financial advisor companies. However, as a potential client, you should check the details of your arrangement. The free package may not be comprehensive enough to cover all your financial advice needs. You may have to fork out a few extra dollars to get a comprehensive package that fits you. Please note that it is never about the amount of cash that you have to part with that is important, the value of the service is what should justify the amount of money spent on securing your financial future.

Your hard-earned cash should be used to work for you in the long run. However, this cannot be achieved by relying on yourself to research on how to make your money work for you. You need to engage a financial advisor who will put you in the right track to the right way to invest. Better yet, it is online! Contact Capital U to begin this journey today.

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