Jason Monroe Smith discusses the role of a financial planner

Jason Monroe Smith Scottsdale

Financial Planning is defined as the process of managing your current assets and earnings that plays a very important role in providing the best possible growth for your finance.

In order to do your financial planning, you can seek the help of a Financial Advisor or planner. 

Jason Monroe Smith has defined financial planner as a person who can assist you in planning your finance in such a way that it provides a better return on the investments. He further stated that Financial Planner is the one, who can suggest you even better ways to invest your money so that the return percentage is much higher than the regular rate of interest paid by the banks to you.

Jason Monroe Smith Scottsdale

There are different modes of doing investment which may include share market, investment in the various government joint ventures, mutual funds and many more.

He further explained that the role of a financial advisor is very important in terms of doing financial investments because he is the person bearing all the information related to the investment scenario. 

Based on his research, Jason says that generally the rate of return on different investment policies totally depends on the functions of the economy and financial planner is the person, who can put your money into a maximum return yielding area.

Apart from this, there are different risks associated with each and every type of investment. Hence, the role of a financial advisor is to minimize the risk while maximizing the associated gain on an investment. 

Jason Monroe Smith further explains that another most important benefit of doing financial planning is that it acts as a tax shield. 

As no one wants to give his hard earned money in the forms of taxes, therefore tax shield plays a very important role, as different government policies allow any individual to put some part of his income into different deposit schemes where he can avail tax benefits. Hence, the amount incurred in doing such investment can be deducted from the total taxable income hence acting as a shield to tax.

He further stated that before seeking the help of a financial planner have a crystal clear picture about your future visible liabilities and about the money that you would like to save as protective shield against any bad event like medical incidents and other accidents, as having a crystal clear picture will make it easier for the financial planner to understand your requirements and he also become capable of analyzing all your things and provide you with the well-defined investment plan.

He further added, when you are in meeting with the financial planner, express all your views and discuss anything that comes in your mind without any hesitation and be honest while discussing your risk taking abilities as underestimate of the same may lower the return while overestimate of the same may lend you in an undesirable situation.

Contact -
525 Walnut Street #7,
San Carlos, CA 94070
Central Scottsdale
Scottsdale, AZ 85254, USA
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