HK Financial Advices on Mistakes to Avoid in 2018 While Hiring Financial Planners

Shenzhen Shi, China, February 5, 2018 — Hiring a financial advisor or planner isn’t really the first step towards securing one’s earnings and investments. The first real step is to be clear about investment objectives and knowing how to tell between a responsible and qualified planner and others who are likely to fail in keeping the client’s interest in focus. HK Financial, the China-based innovative professional financial services firm, shares some basic mistakes to avoid.   

Investors should be clear about who they are dealing with, as there are many designations and titles that go with financial services. These include financial advisors, wealth managers, financial planners and brokers. These terms do not have well delineated boundaries and the actual services offered can often be the identical.  

“A broker may not be qualified to consult on the larger financial picture, while a financial planner may not have fiduciary responsibilities that make them stick to professional standards and keep the client’s interest foremost while making decisions,” says Simon Richards of HK Financial.

It is a good practice to do a background check on the financial planner or broker, and find out if they have any antecedents to worry about. The fee-based and fee-only models of doing business also matter, and the latter are more likely to be responsible in ensuring the best for the client. Free offers and low priced packages should be looked into carefully as they may be a means to draw the client into purchasing other financial products. Finally, investors should not expect fixed returns given the uncertain nature of the financial world.

HK Financial is a specialist in offering holistic and individually tailored client-centred care in a range of investment fields. It uses an independent and objective approach to asset management to offer a wide range of life products, protection and wealth accumulation solutions.

Among the products and services, HK Financial provides audit and assurance services to private, public and international companies across various sectors, business risk services, integrated corporate finance offerings, equity and commodity trading to all varieties of traders, as well as recovery and re-organization, financial advisory, taxation advice, information technology, sustainability reviews, carbon accounting, assurance and integrated reporting.

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About HK Financial

HK Financial is an innovative professional financial services firm which specializes in holistic and individually tailored client-centred care for all of an individual’s financial needs that enriches the business ventures and personal lives of our clients by appropriately positioning and protecting what they have today, planning for what they want in their future and preparing the path by which they’ll reach their goals.

For more information, please visit: http://hk-financial.com

Media contact

Simon Richards
HK Financial
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.  
Phone: +852-3008-3658
CASIC Building - Futian CBD
Shenzhen Shi, China

 

 
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