Different Types of Financial Advisors
In recent times there has been much controversy and debate about the regulation of financial advisors by state and federal governments. But you should be on the cautious side as there still has not been a resolution to the issue. Because of this, the key to choosing the correct financial advisor for you is to do your homework. If you plan on letting an advisor handle your investments make sure it is someone you can trust and who has a proven track record with other investors. Many people find financial advisors by word of mouth using friends and family for information on how their advisor has treated them.
This can be a good way to look for one but you still must do your homework in picking the right financial advisor. Anyone can call themselves a financial advisor, even someone with little or no specialized training at all. Even financial advisors that are licensed by a state or federal government may only be licensed to do specific things like recommend and sell insurance policies. So be sure to find the financial advisor who will be suited to the type of financial activity you will be engaging in.

Even though there are limited government regulations of the financial planning industry there are quite a few private organizations that have credentialed individuals that do meet certain requirements. Listed below are the most  important aspects of some important certifications:
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Copyrighted 2015. Content published with author's permission.

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