Educational Consumer Tips
The following general information is provided after all reports on companies in the financial planning industry.
The Cleveland BBB routinely advises that in most states, including Ohio, financial planners are NOT regulated.
As anyone can become a financial planner, you should investigate a person's qualifications and references prior to retaining an individual.
Be aware that some "financial planners" are no more than salespeople for a particular type of product, such as a stock, mutual fund or insurance policy.
Be sure to question the method and source of payment for any financial adviser used, as well as the scope of services offered.