How To Find The Right Financial Advisor |
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August 4 - In the wake of unsettling reports of massive fraud perpetrated by financial advisors that cost their clients more than R300 million, parliament called for a hearing with the FSB. With many South Africans requiring financial advice for matters ranging from short term insurance to bridging finance finding an honest and reputable financial advisor is essential. The news always concentrates on the sensational because that's what gets people reading - so we tend to hear about the few financial advisors who are unscrupulous rogues as opposed to the thousands of financial advisors who are honourable and competent at what they do. "Financial Advisor Makes Client A Steady Return On His Investments" is not going to cut it as a headline. "Leaderguard Group Accused Of Massive Fraud" is a headline that sells newspapers. So there is no need to panic - regulations might need to be tightened up because there are loopholes that allow for rules to be bent, and that's where many of these schemes see the light of day. But the bottom line is that if you do the right amount of homework you can find a financial advisor, online or in a more traditional manner, that can manage your financial portfolio and help it grow. We recommend checking out a South African financial advisor like Finance In Motion for an example of one of the many "good guys" out there, but ultimately the decision you make is personal and should be based on your own research - after all, it's your financial future we're talking about! Related Insurance Articles: * Tips for Decreasing Insurance Payments * Life Insurance Or Funeral Insurance - An Investigation * Why It Is Business Insurance Time * South African Holiday Insurance Tips * Why it is Important to Insure your Cell Phone * SA Home Insurance Hints 
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| 2/22/2011 3:54:21 PM | |||||||||||||||||||||
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