BBB Business Reviews may not be reproduced for sales or promotional purposes.
You should expect the following from your financial planner: 1. A clearly written plan, in language you can understand, containing a balance sheet of assets vs. liabilities; 2. An outline of goals with advantages and disadvantages of any course of action; 3. Options and alternatives for all investments as well as the risk estimated in each investment objective; 4. Specific suggestions for improving your personal cash flow; 5. Projections for shifts in the rate of interest, inflation, and other situations that will affect your future; 6. A plan for liquidity in the event of emergencies; and 7. A schedule for reviewing your financial progress. In most states, financial planners are not regulated. Potential investors may wish to check with the Texas State Securities office at 806-762-8010 and also with the Texas Department of Insurance at 1-800-252-3439. As anyone can say he or she is a financial planner, you need to be cautious and check out the person's credentials. Also be on guard for 'financial planners' who are no more than salespeople for a particular type of product, such as stock or insurance.
We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.