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Finding a Financial Advisor with a License Search

When it comes to money and finances, some investors find that they simply do not have enough time to properly manage their own portfolio, which is why they might need to hire a qualified financial advisor. These individuals will not only helping to manage their finances but also implement a plan of action to help them reach their financial goals. Financial advisors can also help businesses be more profitable, make the right investments and carefully manage their liabilities.


Hiring a financial advisor will mean that you will have more time to focus on your own business, while knowing that an expert is handling your financial affairs. They can give you helpful tips and advice on purchases and investments, while keeping track of your money and how it grows for you. Many businesses hire financial investor to advise them on their finances and supporting with financial decision-making.

What Does a Financial Advisor Do?

A financial advisor will have to provide financial advice to businesses and professionals, on purchases, investments, stocks and more. It takes hard work, but if you follow the right path you can become a qualified financial advisor and get started on your road to success. The first step towards becoming a financial advisor is to enrol in a four-year degree; this is crucial if you want to be licensed as a CFP (Certified Financial Planner) or a CFA (Certified Financial Advisor).

Financial advisors job is to get the client from where they currently are, to reaching their financial goals. This might be more complicated if they work for a company, which is why it is important to choose the right professional to work with. Financial advisors need to have a complete picture of your finances - including all your income and your liabilities - so that they can implement plan that will get you to where you want to be. They work to allocate your resources effectively, minimizing your taxes where possible, as well as helping individuals with estate planning.

Verifying a License

When hiring a financial advisor is important to personally verify their credentials and their licenses. Financial advisors can either be licensed as a CFP (Certified Financial Planner), a CFA (Certified Financial Advisor) or a CPA (Certified Public Accountant). A Registered Investment Advisor refers to professionals who receive compensation for providing financial advice to companies. If they manage a portfolio in excess of $100 million they will need to register with the Securities and Exchange Commission.

Another good idea is to speak to business colleagues and friends about financial planners they might be able to recommend; word-of-mouth referrals might be the best way to find someone who will be worthwhile to work with. If you represent a large company, make sure that you confirm the individual’s background, personal information and license details by doing a simple online search. These online databases are maintained by the relevant authorities on a regular basis so the information will always be accurate and up to date. You will save a lot of time as you won't have to visit licensing offices in person, but rather do a quick online verification.

About the author: License Direct provides a centralised license search for more than 20 million registered professionals across the United States.

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