There are certain professions that many of us will never understand what exactly they are. One of them is that of a financial analyst. For many, these professionals are responsible for clarifying the accounts of a company.
Each person is different and their personal situation, academic formation and personal interests are also diverse, by definition. Why do we think that by reading the salmon press and listening to the economic discussion on time, we will be prepared to pilot our investment portfolio? Do not go crazy trying to understand the complicated international financial reality. Delegate who is prepared to grow to do it for you.
Distrust of the Latest Financial Fraud Linked to Banking Entities
The uninformed commercialization of preferred shares by a financial institution, the contracting of multi-currency mortgages, the lack of transparency in the information of the floor clauses … It rains on the wet and the private investor has adopted a clear distrust of the advice offered the bank that manages your savings.
The personal manager of your bank or cashier works for your financial institution and not for the client
The extended figure of the “personal manager of investment portfolios” that banks assign to their clients with the varnish of personalized and free attention is not the best solution for the saver. These professionals offer the client the products of their manager, which are in the marketing period at that time, and do so following profitability criteria for the financial institution for which they work. The detailed information and the adaptation to the client’s personal situation and their investment expectations can only be offered by the figure of an independent financial advisor who works exclusively for and for his client.
Only a Financial Advisor is able to make a “custom-made suit” for your capital
It is the ideal professional to carry out a personalized study of your current assets as well as your personal and / or family situation, your tax rate and the real investment interests you expect to obtain. It adapts to the investment risk you want to assume and informs you of the greater or lesser profitability that accompanies each financial product of which you report. You can also take help from any expert from financial sector like Sean St John of National Bank who has many years of experience in the banking and financial industry. Sean St John Toronto, executive vice president and co-head of fixed income, currencies and commodities at National Bank Financial in Toronto, has been successful due to hard work and dedication.
A Financial Advisor can offer you a greater investment variety
A Financial Adviser (EAFI) is able to offer its client a range of varied, diverse and international investment with access to investment products that can not be offered by the bank’s own management companies. It is the opportunity to optimize and universalize investment options and obtain the maximum return on your savings.
Bad previous experience in managing your savings and the danger of investment inaction
It is difficult not to know any private saver dissatisfied, to a greater or lesser extent, by the deficient profitability of a product hired through their bank. This generalized weariness leads the saver to opt only for fixed-income products that practically cancel out the possibilities of financial return.