You might hear the terms “financial planner,” “financial consultant” and “financial planning consultant” thrown around regularly. Perhaps a friend or family member has even suggested that you use one of these professionals such as Richard Cayne and his team of consultants at Meyer International. But do you really know what these professionals can do for you?
Financial planning consultants can help you in a variety of ways, but here are three of their main functions:
Consulting
Financial planning consultants are, just as the name says, consultants. They pride themselves on being knowledgeable on all sorts of financial products that can help you to reach your monetary goals.
If you have questions, they will have the answers. Interested in offshore investing but not sure where to start? Want to invest in Thailand’s hot real estate market but need to know the details? Richard Cayne can help.
If you tell a team member at Meyer International what your financial goals are, they can consult on which sorts of products can help you get there quickly and easily.
The great thing about a consultant is that they work for you, not for any of the companies that they can introduce. So, for this reason, you can trust that they are consulting you on the best products to meet your individual needs, not because they are “shilling” for a company.
Because of the freedom they have as consultants and not in association with any bank or other financial institution, they are also free to consult on international investments, whether those are in jurisdictions that will help you to legally avoid costly taxes or even on non-registered products that you may have no idea you can invest in!
Now maybe you are starting to see the benefits of using a financial planning consultant.
Making Introductions
According to Richard Cayne, “Our business revolves around consulting on third party products.” That means that Cayne and the team at Meyer International don’t make their money off of you, but from the makers of the financial products they recommend and making introductions between interested clients, banks and other financial product producers.
One of the things that a consultant can do is to find the best products for you and your situation and then introduce you to the right people to start your smart investments.
Reviewing Your Portfolio
The consultant’s job is far from finished once you have your money intelligently invested in the right financial products. Another dimension of their value-adding proposition is to regularly review your portfolio to make sure it is still performing at its peak for you.
Since consultants like those at Meyer International know about all the latest and greatest products, they can also regularly inform you if a new product is introduced that might be better for your investment portfolio than what you currently have.
Are you ready to talk to a financial planning consultant about your financial future? Get in touch with Richard Cayne of any of the professional at Meyer International for an appointment today!
