Clients Leave Financial Advisors in Droves - Wall Street and major banks have now been bailed out with our money; other major institutions have been swallowed up by other banks and yet they still want to tell you how to manage your money when they can’t manage their own. Meanwhile, the smaller and medium sized independent investment and financial planning firms have been left scratching their heads concerning their own survival while trying to re-focus your attention on other parts of your financial plan that “should be reviewed”. No wonder recent surveys show investors with a few thousand dollars invested to those with multiple millions invested who are leaving their financial advisors in droves. Who needs to pay all those extra fees to lose lots of money?

Financial Professionals Question Their Approach – If you make you make use of a financial planner/ advisor, it is possible that your professional’s—and well-intentioned—advice cost you hundreds of thousands if not millions of dollars last year.  With many investment strategies down anywhere from 30% to 60% as the global economic crisis unfolds, individuals and financial professionals alike everywhere are questioning the validity of their approach.

Of course, one might argue that these people weren’t to blame for the economic morass that we’re in, but you, as a client,  may not see it that way.  You, in good faith, entrusted professional advisors with your hard-earned dollars, with the expectation that the professional would help and preserve your wealth, and build more.  When the opposite happened, who else could you blame?

A Better Financial Planning Alternative – There is a new paradigm in effect for successful and realistic financial planning.  Whether you currently are making use of a financial planner/advisor or contemplating hiring one, the global economic firestorm has created a perfect storm of unimaginable problems—and unimaginable opportunities.  As people struggle with losing their jobs—or even just the threat of losing their jobs—combined with an almost overnight evaporation of wealth, individual financial planning takes on even more importance.  Fortunately, there is now a source to obtain the hands on, practical financial education that people never received in school.