All Posts in "Financial Advisor"

Understanding Business Life Cover: What You Need to Know

In the dynamic world of business, safeguarding your company against unforeseen events is important. One safeguard is business life cover, an often overlooked yet essential component of a robust business continuity plan. This insurance policy is designed to protect your business in the event of the death or critical illness of key personnel. Here’s a comprehensive guide to understanding Business Life Cover and why it might be the safety net your business needs.

What is Business Life Cover?

Business Life Cover, also known as business life insurance, is a policy that provides financial support to a company if a key employee, director, or business owner dies or is diagnosed with a terminal or critical illness. This type of insurance can help cover various costs such as replacing the key person, paying off debts, compensating for lost profits, or even buying out a deceased partner’s shares. 

Types of Business Life Cover

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Jonathan Tucker by — June 13, 2024 in Financial Advisor
Finding a Financial Advisor Online

When looking for a financial planner online, there are several different factors to consider before making a decision. First, you should consider the costs involved. While you can find several benefits to working with an online financial planner, they are not free of charge. You should also know the different areas that they can help you with. You can also look for recommendations of local and online attorneys and tax preparation services. Online financial planners may offer lower fees, but they might not have the same professional credentials.

Choosing a financial advisor

If you’re considering hiring a financial advisor, it’s important to do a bit of research. There are many options available, so it’s important to compare several candidates before selecting one. Check the credentials of each one and determine if they’re a fee-only or commission-based advisor. Also, find out how they handle client relationships. You’ll want to work with … READ MORE ...

Jonathan Tucker by — June 5, 2022 in Financial Advisor
Choosing a Career as a Financial Advisor

Choosing a career as a financial advisor can be difficult, but there are some things to consider. In this article, we will examine the Education required, the job outlook, and the salary of this career path. In addition, we’ll provide some tips for choosing a career as a financial advisor. This career field offers many benefits, but it’s important to know the facts to make a good decision.

There are several important questions to ask before you make a final decision.

Career path

A career as a financial advisor has many benefits. The highest level of pay, benefits, and recognition of the profession make it an excellent career choice for those with a bachelor’s degree. However, earning an MBA may not be the best choice for everyone. While earning your MBA may require you to spend more time in a classroom than you would in your day job, it will … READ MORE ...

Jonathan Tucker by — April 23, 2022 in Financial Advisor
The Salary of a Financial Advisor

A financial advisor makes an average base salary of $52,951 a year. As their business grows, supplemental salaries will increase and compensation will shift toward commissions. There is a minimum guaranteed salary for all financial advisors, however, which is governed by state and federal laws. This amount never changes and is paid regardless of the quality of work. This article will discuss the salary of a financial advisor and the career outlook for this career.

Average base pay for a financial advisor is $52,951 year

A financial advisor is a person who provides advice on financial planning and investments. Some financial advisors earn an hourly rate while others are compensated through the sale of financial products. The average base pay for a financial advisor is $52,951, according to Glassdoor.

Additional compensation can be earned through bonuses and commissions. The average base pay for a financial advisor is higher for people … READ MORE ...

Jonathan Tucker by — March 6, 2022 in Financial Advisor
A Financial Advisor for Young Adults

Are you looking for a financial advisor for young adults? There are several options available to you. These include Finimize, Neal, Euretig, and the like. If you’re a young adult in the early stages of your career, financial planning can be broken down into 3 phases or levels. Read on to learn more. We’ll examine the benefits of each service. But first, consider the different types of financial advisors for young professionals.

Finimize

As a financial advisor for young adults, Finimize aims to educate its subscribers on how to make wise decisions in their finances. By distilling financial matters into an easy-to-read format, Finimize emails highlight successful institutions and companies. These emails are written in a simple, concise format, so readers can read them in about three minutes. The service also offers a student discount. Subscribers get a daily newsletter with financial news, so they can keep up with personal … READ MORE ...

Jonathan Tucker by — January 23, 2022 in Financial Advisor