| Investment Services
Investments, unlike works of art, cannot afford the luxury of experimenting. Investing is not guesswork. It takes more than just a 'tip' it needs training to plan, instinct to pick and sheer intellect to make it work for you. That extra mile assures you that your hard earned money is with the right people.
There is a reason most of us depend on our friends or ourselves for making important investment decisions. It is hard to find a dependable professional source of investment advice. There is no dearth of places to turn to for investment advice, but the decision to put a portion of your financial future in someone else's hands should be made very carefully after collecting sufficient information.
What are the different types of financial and investment advisors?
Investment advisor is a professional firm or an individual that advises clients on investment matters. They may manage trust funds, pension funds and personal investments like stocks and mutual funds on their customer's behalf.
Financial planners offer investment advice and help clients with savings, taxes, insurance, estate planning and retirement.
Brokers buy or sell stocks, mutual funds, bonds on their customer's behalf.
Commercial mortgage renegotiation is possible because most lenders would like the loan to continue instead of foreclosing it. Altering the original terms to reduce the monthly payments can result into the prevention of a foreclosure. It may not be as favorable to the lender as to the borrower, but the process can result into a win-win situation. For the lender, foreclosing a property means substantial additional expenses, the loss of monthly income from the loan, and potential problems in selling the property.
How do I pick a good investment advisor?
Ask your friends and family if they know a good investment advisor. Also compare price quotes from multiple qualified investment advisors listed on B2B marketplaces and ask them for an appointment. Interview your financial advisor extensively, judging their professionalism and experience. Let him or her learn about your tax situation, fiscal health and long term goals.
Conventional financing through traditional lending institutions, such as commercial banks, Wall Street brokers and major insurance companies, is becoming very difficult to find. Banks and other conventional lenders have tightened their lending standards significantly and are caught up in the credit crunch. In many cases they can't make a loan even when they want to.
Ask the following questions to narrow your search for an investment advisor.
What experience do you have?
Where are you registered?
What investment services do you extend?
Do you have all the required licenses.
How much money do you manage for other clients?
How have your investments performed in the past one to ten years?
How will you assist me with my investments?
How are you paid?
Do you require a minimum investment?
How are you different from other investment or financial advisors?
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