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| Experior Financial Group |
Friday, December 27, 2019
Tuesday, December 24, 2019
Experior Financial Group | Can You Trust Your Financial Adviser?
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| Experior Financial Group |
Experior Financial Group
Financial advisers, also called financial consultants, financial planners, retirement planners or wealth advisers, occupy a strange position amongst the ranks of those who would sell to us. With most other sellers, whether they are pushing cars, clothes, condos or condoms, we understand that they're just doing a job and we accept that the more they sell to us, the more they should earn. But the proposition that financial advisers come with is unique. They claim, or at least intimate, that they can make our money grow by more than if we just shoved it into a long-term, high-interest bank account. If they couldn't suggest they could find higher returns than a bank account, then there would be no point in us using them. Yet, if they really possessed the mysterious alchemy of getting money to grow, why would they tell us? Why wouldn't they just keep their secrets to themselves in order to make themselves rich?The answer, of course, is that most financial advisers are not expert horticulturalists able to grow money nor are they alchemists who can transform our savings into gold. The only way they can earn a crust is by taking a bit of everything we, their clients, save. Sadly for us, most financial advisers are just salespeople whose standard of living depends on how much of our money they can encourage us to put through their not always caring hands. And whatever portion of our money they take for themselves to pay for things like their mortgages, pensions, cars, holidays, golf club fees, restaurant meals and children's education must inevitably make us poorer.
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| Experior Financial Group |
To make a reasonable living, a financial adviser will probably have costs of about £100,000 to £200,000 ($150,000 to $300,000) a year in salary, office expenses, secretarial support, travel costs, marketing, communications and other bits and pieces. So a financial adviser has to take in between £2,000 ($3,000) and £4,000 ($6,000) a week in fees and commissions, either as an employee or running their own business. I'm guessing that on average financial advisers will have between fifty and eighty clients. Of course, some successful ones will have many more and those who are struggling will have fewer. This means that each client will be losing somewhere between £1,250 ($2,000) and £4,000 ($6,000) a year from their investments and retirement savings either directly in upfront fees or else indirectly in commissions paid to the adviser by financial products suppliers. Advisers would probably claim that their specialist knowledge more than compensates for the amounts they squirrel away for themselves in commissions and fees. But numerous studies around the world, decades of financial products mis-selling scandals and the disappointing returns on many of our investments and pensions savings should serve as an almost deafening warning to any of us tempted to entrust our own and our family's financial futures to someone trying to make a living by offering us financial advice.
Thursday, December 12, 2019
Experior Financial Group - Why You Fail Financially
Experior Financial Group - Are you struggling financially? Do you have difficulty paying your monthly bills? Are your savings inadequate? Do you have little, if any, college savings for your kids? Are your credit card debt payments strangling you financially?
If you answered yes, as most of you did, you are in good company. 95% of the U.S. population is in the same boat. Everyone in this group is hanging on by a thread. Only 5% of the U.S. population are living the good life. They have plenty of savings, go on fantastic vacations, have no credit card debt revolving balances, buy cars when they need them, pay bills within 30 days and have rich family lives. Why? Why is it that 95% of the population is floundering in this great country of ours?
Experior Financial Group - Getting by financially is no accident. Every day you process failure into your life. The underlying cause for financial failure resides in your daily habits. Everyone in this 95% group has bad daily habits. Let me shed some light on some of the bad daily habits that you live every day and that is the cause of your financial failure. Sit tight as this will be a bumpy ride for most of you:
Experior Financial Group - You watch too much TV
You spend too much time on the Internet in a meaningless pursuit to waste time
You eat too much
You drink too much
You don't exercise enough
You sleep too much - Experior Financial Group
Your relationships are on an "as needed" basis
You don't return phone calls immediately
You don't call people and wish them a happy birthday
You don't call people regularly just to say hello
You curse too much
You lose your temper too much
You say crude things - Experior Financial Group
You don't have a "To Do List"
If you do have a "To Do List" you make no real effort to complete it
You leave your job early
You talk too much
You don't listen enough
You constantly put your foot in your mouth and say inappropriate things -Experior Financial Group
You don't work efficiently. You reach for mediocrity on the job because you have convinced yourself that you hate work or your job
You don't focus on daily improvement
You don't stay on top of your industry
You make excuses or rationalize against doing what you need to do
You give in to laziness - Experior Financial Group
You engage in negative thinking
You don't challenge yourself
You're not focused on the job. You seek out distractions
You are selfish with your time
You are not generous with your time or money
You are cheap
You don't like people
You procrastinate - Experior Financial Group
You're a spender, not a saver
You buy unnecessary things
You buy cheap crap that satisfies some immediate need
You don't control your thoughts and emotions on a daily basis
You argue too much
You complain too much, gossip too much
You belittle others too much and find fault in everything
You are constantly negative
You are sarcastic
You have wild emotional swings. You are either too happy or too sad and you get depressed too much
You don't network - Experior Financial Group
You have no goals
You don't like yourself
Experior Financial Group - I can go on and on. The list of things people do to achieve financial failure, that I accumulated over five years, can fill a book. When I think about it, it makes me sick.
Tuesday, December 10, 2019
Experior Financial Group Business Review
Experior Financial Group - As you probably already know Experior Financial Group has begin it's niche in the financial services industry. Your best plan for the future actually begins with your knowledge. That is exactly what we will do here today.
You will get to know some of the uncommon truths that goes behind the doors of World Financial Group news and various facts. Of course, the only reason you probably are reading this is that you care about your financial success.
1) Experior Financial Group: Humble Beginnings
We will take you to look back in 2001. This was the year when a man named Hubert Humphrey formed World Financial Group from the select purchase of assets by AEGON. Mr. Humphrey subsequently founded World Leadership Group.
More importantly, the World Financial Group (WFG in short) marketing organization is based in Duluth, Georgia, USA. They market in investment, insurance and mortgage products via a network of associates in America, and Canada.
2) How Does Experior Financial Group Compensation Works?
You can become a Experior Financial Group by investing an initial $100 for a background check to get you setup. Then, a respective branch manager will be your senior officer who will take care of you.
The products that you will sell are World Financial Group insurance or financial investment packages. Of course, the more you have on your team volume the better your "overriding" commissions. Your Experior Financial Group rewards include renewal commissions on many products offered by outside providers.
3) The First Impression And Other Truths - Experior Financial Group
You should do a research yourself too. It never hurts to find out a little more. However, World Financial Group typically functions on a network marketing based system.
The one thing you will need to know is that your marketing website will be pretty easy to navigate. It's video and business presentation is vastly professional so you can have the option to market online.
In closing, while your earning potential withExperior Financial Services is fair, it is important to learn how to market effectively online. Your key to financial success depends on your online marketing skills.
Tuesday, December 3, 2019
Experior Financial Group | The Humanization of Financial Planning
"Every time you build into the life of another person, you launch a process that will never end."
- Experior Financial Group
The nature of financial planning has started to change dramatically in the past 10 years with the movement towards "financial life" planning. Financial life planning is about more consciously integrating both your life and money into the financial plan and investment portfolio. Some leading financial planners will say they have always helped clients plan for their life as a matter of course. They have never labeled it this way. On the other side, the wider public perception is still that financial planning is about investing and planners do not care beyond the money.
Once consumers know they can find a more "humanized" financial planning approach then there will be much greater pressure on financial planners to expand their role and processes from financial management to coaching, mentoring and life planning.
On the basis that helping clients reach their goals is fundamental to financial planning then helping them understand who they are and their life plan is critical. These aspects are fundamental to a role which involves a greater emphasis on the non-financial issues. Sounds basic but why do so many planners not perceive addressing the life and human issues to be part of their role?
The results of a survey conducted in February 2009 by David Debofsky and Lyle Sussman indicate that 89% of financial planners who are members of the CFP Board and/or Financial Planning Association do at some point engage in non-financial coaching and counseling, and 74% of these planners say they have increased this work over the last 5 years. Further, advisors are indicating 25% of their time is spent on the non-financial issues. The non-financial issues that come up the most include 81% personal life goals, 66% career and 44% physical health. Then add to this clients are now bringing up 10 to 20% of the time with their planner emotional issues like divorce, addiction, mental health and spirituality.
What all of this is showing is that the role of the planner is changing towards dealing with the life and human issues at a greater level even if the advisor is not deliberately changing his or her process. Based on our research in February 2009, we found that 50% of planners are still only spending 1 to 3 hours up-front in the client discovery phase addressing your needs as a client. This is clearly not enough to properly address the life issues. Of course, not all planners will accept their role is beyond financial analytics and also not all consumers will want to address personal issues with a financial planner. Notwithstanding, the practical issue is that many of you as clients are going to encounter situations or needs which require the planner to address the non-financial issues as part of providing financial advice. A financial planner is ideally positioned to help you on the non-financial issues because money is naturally integrated to them. Luckily, there is an increasing amount of quality training for advisors to go down the coaching, mentoring and life planning path.
The primary benefit of a financial planner becoming your coach or mentor is that it will help in building a deeper long-term relationship based on trust and a higher level of mutuality. This is vital for helping you make significant and long-term financial decisions. Walking the road of life with a financial planner will enable:
Clear guidance to be obtained on both the financial and life issues.
Wisdom from one who has both financial and life experience.
Learning from the success and mistakes of another.
A true partnership based on sharing who they are.
If you are going to choose a planner to go beyond the numbers and be a central point in your life journey then it is important you choose a person who is capable of:
Developing a safe, mutual and structured environment for the coaching or mentoring.
Developing a clear coaching or mentoring process with protocols established, including for engaging you in the discussion of the non-financial issues, asking the right questions with empathy, and facilitating difficult discussions.
Engaging in a personal development process for him or herself personally through using a coach or mentor of their own. A planner cannot guide a client to a place where they have not been themself.
Using robust assessment and facilitation tools that will provide a more objective and reliable understanding of who you are and personal development to meet your unique needs.
Start Humanizing Your Financial Planning and Increasing Your Financial Life Performance
So, whether you are an investor, entrepreneur, executive, financial advisor or a student take action with the following steps:
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