Sentences with phrase «advised by my financial planner»

However, I was advised by my financial planner that it would be wise to move to a Family RESP plan, shift all $ 300 / mth to my eldest to maximize his contributions, and when he goes to school, pull out $ 10k / year of the capital and immediately re-invest $ 5k / year for my other two children until they are maximized.

Not exact matches

Renée Verret, a Toronto financial planner, advises her clients to start off by window shopping for materials so they know what they cost before they commit to a project.

Also, be wary of financial planners who advise you to take your pension as a lump sum: sometimes they're swayed by the idea of receiving hefty commissions for reinvesting your savings.

Which is notable both that major investors now see the upside of «robo» platforms as expanding them back into human advisors, and also because if it works it could dramatically alter the landscape for 401 (k) rollovers by making those assets «advised» by a comprehensive financial planner before they ever become a rollover opportunity in the first place!

It is a common refrain by many financial planners and investment professionals to advise their clients to make their money work for them.