Buying a home is a big life decision. If you are considering buying a home but you also feel as though some financial guidance would benefit you, we would recommend hiring a Certified Financial Planner. A CFP is a credentialed financial professional. They must adhere to ethical and performance guidelines and carry a fiduciary responsibility. According to the CFP® Board, CFP® professionals “are trained to help you develop a comprehensive strategy to reach your short- and long-term financial goals … from planning for retirement to saving for college.” In order to receive their certification, they are required to have at least 4,000 hours of financial planning experience as well as meet additional strict requirements.
Building a relationship with a CFP is a great way to start your home buying process. They will help you articulate your goals, analyze your current financial situation, create a customized strategy to achieve your goals, and offer accountability as you work towards those goals. A financial planner will ask the right questions and help you know how much house you can afford while still accomplishing your other financial goals.
Before we give you our choices for the best Certified Financial Planners in Atlanta we wanted to answer some frequently asked questions
How much does a financial planner cost?
Fees differ depending on the education, experience, and the services provided. There are essentially two ways financial planners are compensated: commission or fee-only.
How should I choose a financial planner?
If you don’t want to go with our favorites we recommend ensuring that your Financial Planner is licensed and is in good with their licensing authority. Here is a great article from Chris Hogan on how to hire a financial planner.
What should I ask my financial advisor?
Start with asking about experience, education, and certifications. Then ask what services they offer and how he or she is compensated for the services they offer. We recommend asking them about their investment philosophy.
What is fiduciary responsibility and why does it matter?
Fiduciary means to hold trust. Certified Financial Planners have a fiduciary responsibility to their clients, meaning they are legally required to keep your best interests in mind. Advisors with fiduciary responsibility are less likely to be sales focused and pushy with products.
Our Choices For The Best Financial Advisors in Atlanta
Andrew works as a Senior Financial Advisor with KFAC. He holds a Bachelor’s Degree in Business Administration from Liberty University with a concentration in Financial Planning. Additionally, Andrew has earned the CFP® designation and is an active member of the Georgia FPA society. Andrew’s responsibilities with KFAC involve working one-on-one with clients to develop, implement, and review comprehensive financial plans and investment strategies that are uniquely matched to their individual goals.
Prior to joining KFAC, Andrew worked 11 years for Fidelity Investments. As a Vice President Financial Consultant, Andrew was responsible for providing personal financial planning services for over 300 clients with over $600 million in assets. In this capacity he advised clients on their investments, retirement, education, taxes, insurance, wealth transfer, and risk management goals. Andrew is a five-time recipient of Fidelity’s President’s Circle award.
Prior to joining Fidelity, Andrew served five years in the United States Navy. While in this capacity, Andrew led a team in submarine warfare operations and personally conducted search and rescue operations as the lead Search and Rescue Swimmer. For superior performance of his duties, he was awarded the Navy Achievement Medal.
Outside of work, Andrew and his wife Erika love spending time in the outdoors hiking and camping with their three children Xander, Lola, and River; they also enjoy attending local festivals and exploring all that Georgia has to offer. Andrew and Erika are active members at the Northpoint Community Church in Buckhead.
Contact Adis: 678.405.0237
Adis began his wealth management career in 2012. He enjoys helping his clients construct a complete life plan that best positions them to achieve their pre-retirement goals so they can fully enjoy their retirement years. Adis graduated from the University of Georgia with a degree in Financial Planning. While in school, he gained valuable experience as a community volunteer, working with local families and individuals on budget planning, debt management, and introductory investment education. Adis is a member of the Financial Planning Association and holds the FINRA Series 65 license.