A financial planner is a professional who helps clients manage their money and plan for their financial future. Independent financial planners in Minneapolis, MN, who are fee only fiduciaries, offer some unique benefits you may not find with other types of planners.
Independent financial planners are not tied to any products, which means they can offer advice and recommendations that are not biased by meeting sales quotas. They are also typically fee-only, which means they do not receive commissions or kickbacks for selling products. Not selling products allows them to focus solely on what is best for their clients.
Independent financial planners are typically also fiduciaries. They have a fiduciary duty to their clients under the law, which means they are required to put their client’s interests first. They do not have the same conflicts of interest as brokers selling products so you will receive more objective advice and recommendations.
Working with an independent, fee only, fiduciary financial planner may help reduce stress and allow you to focus on other aspects of your life. As a result, you may find that you are able to enjoy your life more and worry about your finances less.
If you are looking for someone to help you manage your money and plan for your financial future, consider working with an independent financial planner in Minneapolis, MN. They can help you assess your financial situation and develop a plan that meets your unique needs and goals. With their help, you can take control of your finances and help make your financial future more secure.
