When Should You Have a Comprehensive Financial Plan?

Explore financial planning! Join our webinar with experts to understand the role of a Financial Advisor. 👉 Book a Call at www.cunninghamlegal.com/book-... for a financial plan, a comprehensive financial plan, and to understand the steps in a financial plan.
What is financial planning? Do you have just a Financial Advisor that manages your investments separate from incorporating into your business, tax, or estate plan? Do you own a business or many real estate properties? Have you had a comprehensive analysis done or created a plan that involves your CPA, Estate Planning attorney and a Certified Financial Planner that is looking at things collectively? You may need additional entities or LLCs, you may need tax mitigation techniques or a cash flow study done on investment properties. Discuss the why, when and importance of developing a Financial Plan. Watch this informative webinar hosted by attorney and author Jim Cunningham and the financial advisors at Ascent Wealth Management about the value of financial planning.
👉 Book a Call at www.cunninghamlegal.com/book-... to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer.
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CONTACT us at www.cunninghamlegal.com/calif... to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California.
WEBSITE: www.CunninghamLegal.com for California Estate Planning information
FREE LEGAL WEBINARS: www.CunninghamLegal.com/webinars includes Q&As with expert attorneys!
PHONE: [phone] for a consultation on a California Living Trust!
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[@AnthonyBove]

Yup, need to schedule a call with you guys

[@CunninghamLegal]

We look forward to meeting with you! You can contact us here: www.cunninghamlegal.com/california-law-offices/contact/

[@gregb3443]

If a financial planner gets paid from commission then doesn't that goes against them being a fiduciary question mark

[@CunninghamLegal]

Great question. No, a fiduciary standard still can exist if a financial planner takes a commission. That commission would need to be in the best interest of the client and fully disclosed. Transparency is key! Financial planners are allowed to take a fee while still maintaining a fiduciary duty because the fee structure is not inherently opposed to the concept of acting in the client’s best interest. Fiduciary standards vary greatly. For example, some professionals are guided by FINRA's basic "best interests" rule, while others must adhere to the more stringent standards set by the CFP Board or similar organizations. The level of obligation to act in your best interest can differ among financial advisors.