Recently, I booked a free introduction meeting with a Financial Planner. I did a few of these before. I do this out of curioisity: what services do they offer, could it help me, what benefit would there be for me?
From this financial planner, I had rather high hopes as they advertise a cool planning tool. Armed with the high level data of our assets, I entered his office for the meeting. The meeting was shorter than expected and there was not a lot of sales pitching from his side. Was this due to my confindent attitude and clear vision of what I wanted, or are my assets he could “play with” too small?
As a next step, I await his output of his tool via email and some recommendations. I actually hope this will be a face2face meeting. I might push for that.
Things worth to mention
- The main focus was on the amount of cash and the monthly investable amount that we had free.
- After that, there was interest in our funds portfolio (yes, we have that, yes, I know the stats…) and the role that would play in the overal plan
- He will not include our ETF portfolio in his advice, he told it was best left with me as I seemd to knwo what I was doing. In the margin, tarding fees were mentioned. Kudos that he says that online brokers are probably cheaper and better.
- Our mortgage does not seem to have room for improvement. That is good news. (More on that later)
- At the end, we discussed some rental investment opportunities and the insane high prices in our town.
Do you sometimes check out a planner to see what you might learn?
On a side note, Mid November, there is Finance Avenue in Belgium/Brussels. By far the biggest (and free) Finance Fair we have. Any of you going? I plan to go and meet some of the less known stock brokers. (and maybe pick up some goodies…)