A financial planner helps customers organize finances and make recommendations for the future. While a financial planner can save you large amounts of money and put you on a course toward security, there are different ways to build funds for your life goals.
Here’s a closer look at what a financial planner can do for you.
A financial planner advises customers about saving strategically, including opening retirement accounts, refinancing recommendations and maintaining emergency funds.
Here are some other ways a financial planner may provide assistance:
Now that you know what a financial planner does, you need to decide whether or not hiring one is right for your financial situation.
Here are some reasons to hire a financial advisor:
If you have an intimate understanding of your goals, opportunities and present financial picture, you may not need to consult with a financial planner.
A financial planner may not be the best option for you if:
Like many financial decisions, hiring a financial planner comes down to your present financial situation and understanding your long-term goals.
Whether or not you decide to hire a financial planner, you will find security and award-winning customer service at Synchrony Bank. Our accounts are FDIC-insured up to $250,000 per depositor for each ownership category, so you know your money is protected.
Call us at 844-345-5789 or open a savings account and start saving for your future today.
The Balance: www.thebalance.com/should-you-hire-a-financial-advisor-4120717
*ANNUAL PERCENTAGE YIELD (APY): All APYs are accurate as of .
APYs are subject to change at any time without notice. Offers apply to personal accounts only. Fees may reduce earnings. For Money Market and High Yield Savings Accounts, the rate may change after the account is opened. For CDs, a minimum of $2,000 is required to open a CD and must be deposited in a single transaction. A penalty may be imposed for early withdrawals. After maturity, if you choose to roll over your CD, you will earn the base rate of interest in effect at that time. The APY shown for CDs and IRA CDs is for a 60-month CD with a balance of at least $25,000. Click here for all CD rates and terms offered.