FIC Blog

We believe in – and live by – a philosophy of excellence.

Average is not good enough … Our goal at Family Investment Center is excellence. We find excellent investment products and supervise an excellent service package. We maintain a library of excellent research materials and financial planning resources. We also demand top safety and security for our clients.

We won’t settle for average. We continually seek top managers or securities and meld them into superior custom portfolios. Each palette of investments is carefully tailored to personal or family goals. We enlist excellent managers, research, resources, and effort for our clients. Don’t settle for average. You deserve excellence.

Please search our blog posts for answers to common investment questions, and we look forward to sharing our knowledge and experience with you first-hand.

The Continuing Education of an Investment Advisor

Why an Advisor Should be More Than Just “Experienced”

 

Most investment advisors have gone through a number of exams and licensing steps to earn their position. But is that enough? You want an investment advisor who is up-to-date in their industry so they can help you develop an investment strategy that is the best fit for your life.

Licensing exams will test the applicant’s knowledge of basic products and state and federal laws regarding investing. While one would hope a firm would only hire people with appropriate education, not all exams hold them to the same rigor. Regardless of how extensive an advisor’s education has been, it’s important for them to continue on a path toward furthering their education.

One credential you have likely heard about is CERTIFIED FINANCIAL PLANNER™ , or CFP®. These professionals complete education and testing in areas including budgeting, planning for retirement, saving for education, tax planning, estate planning, insurance, and other areas. They are also held to rigorous experience and continuing education standards and are required to act in clients’ best interests in a constantly changing environment.

While credentials are helpful, are they enough to ensure that you’re getting the advice that will help you reach your investment goals? Advisors can also attend national conferences to boost their education and gain new ideas.

One example is Charles Schwab’s annual IMPACT conference, which provides an excellent opportunity for investment advisors to hear from others in their industry and to soak up new insights. The cornerstone of IMPACT is education, and the conference is designed to cover vital topics in an industry that continues to evolve.

Dan Danford, CEO of Family Investment Center, says taking his professionals to IMPACT is an investment in and of itself.  “It’s not cheap to take all our advisors to the IMPACT conference,” Danford said. “This year it was in Chicago, but we’ve gone to Denver, San Diego, Boston, and Washington DC before.”

Despite the travel expenses, Danford said it’s totally worth the investment because the value is in what they learn.

“There are thousands of advisors there,” Danford began, “dozens of educational sessions and top-rated keynote speakers. Most of all, we learn how others are doing what we do for clients. We see new products, new software, new service models, even new competitors. Most of all, we hone our craft. Because being better each day is one powerful key to helping others.”

At Family Investment Center, we’re constantly expanding our knowledge of the investment industry so we can better serve our clients. Regardless of your level of expertise in investments, we can help you meet your goals. Contact us today and let’s talk about what your money can do for you.

 

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