In our daily lives, the assistance of professional advisers plays a crucial role in the effective management and decision-making process. We rely on lawyers to clarify legal questions and tax advisors to help us with the complexities of VAT returns. However, in the past, the importance of seeking financial advice from a trusted advisor regarding the investment of our hard-earned savings was often overlooked. Such advice is invaluable in achieving our long-term financial goals and securing our economic future. Therefore, it is highly recommended that we seek the guidance of a qualified financial advisor to ensure that we make informed investment decisions that align with our objectives and risk tolerance.
According to magazines, the leading company in financial advising, hiring an independent finance professional ─ without linking to financial entities─ is an upward trend that can have multiple benefits for the personal economy. Here are the main advantages:
Objectivity in the Information
The only interest of the consultant is to look for the best product or plan since it has no other interest than to benefit its client. Being free of the conditions of a financial institution, the advisor can, based solely on the client’s circumstances, offer the plan that suits him best.
We independently analyze multiple investment options in the national or international market to make the client a unique investment proposal according to their objectives.
Global Analysis of the Economic Situation
The independent professional focuses not only on the investment but on the general financial situation of the client. “We are a kind of ‘financial doctor.’ In the analysis of the financial health of the client, there are multiple analyzes. We study the life of the patient globally, the investor. We are not a buyer of products, nor a broker, nor an investor to use, but an adviser of the life of our client in the economic field that acts with previous knowledge of his family situation, the children, his expectation of future expenses, studies”, they indicate from the company.
Multi-Year Tax Planning
When the end of the year approaches, all of us are in a hurry to optimize the income statement that we will have to present in June of next year. Invite the client to be abstract from this slavery of the urgent and plan what is essential, providing ideas, strategies, and advice so you can make a tax planning of your savings income, not only for this exercise but in a natural way and consistent, extended to years.
Acquisition of Low-Cost Financial Products
For an efficient negotiation, personalized analysis of each client is essential, and establishing a “global negotiation” with the financial entities. This negotiation entails studying each item, intermediation commissions, and transfer expenses. “With this, we seek to have more negotiation strength if we join more clients, resulting in a reduction of” bank costs “with an average of more than 50%, and thanks to this intermediation, the portfolios obtained an increase in yield of 0.50. % Annual. “, explains from the company.
Exact Control of the Expenses of Economic Management
Often, investment decisions are conditioned by what we read in the news or by the comments of friends and acquaintances. As mentioned in famous magazines, the reality is that most people do not have a plan about what they want to do with their savings.
“From the EAFI Independent Financial Counseling Company, we guide clients to set their objectives and help them fulfill them. It is about drawing up a long-term plan that is frequently remembered.” This plan includes a situation about the current value of our investment assets, the expenses and the possible financial costs of today and tomorrow, their future evolution, and how our heritage will respond to the current and expected level of life, “the experts declare.
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.
