How to Get Free Independent Financial Advise

Getting free independent financial advise can be a cheap and easy way to hear a third party assessment of your particular financial situation. Independent financial advise is strictly given by an independent financial adviser, meaning someone who offers independent advice on financial matters to their clients rather than being part of a bank or insurance company. Many people would rather have independent financial advise because it's from the thoughts and experiences of one person, who's main goal is to help, rather than a company who wants to take your money. Although many of these financial advisers do not give advice for free very often, there are ways to get preliminary consultants to get free advise from those independent of large companies and brokerage dealers. Follow the steps below to learn how to get free independent financial advise.

Difficulty: Easy

Instructions

1. Find an indepdent financial adviser in your area by doing a Google Search for a "CPA" or certified personal accountant, or just search for "independent financial advisor".

2. Write down the names and phone numbers of a few in your local area and call each one asking for a preliminary consultant, because you're interested in having financial advise based on your current financial situation and needs.

3. Set up appointments with as many as possible. Ask if the first consultation is free, and if so, you'll know that this is a potential adviser who will give you free advise. The goal is to get this free consultation to get your free financial and independent advice.

4. Know that they will try and hold you on as a client for long term. Be friendly and don't make it obvious that you are going just for the consultation. They will normally perform a survey of your situation and give you a recommendation of what you may need to do. You can use this information to get even more information in your next meeting with the next adviser.

5. If you do find an independent financial advisor that you like, if you have the resources you might as well stay with them because you believe they will offer you the best advice for a long term period. Then, you may need to pay a fee for financial advise down the road, but it may be worth it and pay you back in savings and instruction from the adviser.

Tips & Warnings

• You can get free independent financial advise about investments, retirement planning, insurance, mortgages and loans, as well as tax and legal matters.
• You may need to direct the conversations in your meetings, so ask a lot of questions in order to get the most answers and financial advise that you can.
• Always be sure to know that each person may have a different opinion in your situation, and it's up to you how you want to act based on their suggestions. Do not take any actions right away, and access each of your options before taking any actions.

[clintinvestment]

on 12/30/2008 Never thought about this. I will do research to help get my finances in top shape in 2009.

[maryellen1001]

on 11/30/2008 Great advice!