Please enter your Mobile Number and Education Level to proceed.
Join 4 Days Career Counsellor Certification Program (Live Session)Enroll Now
Please help me out
@vaibhavbhutra @meghnamukherjee Can you reply bhavya's query?
Pretty interesting question.
But before I answer this question, I would like to know why exactly did this question arise in your mind???
Generally when students think of a career, they are generally focused on what position, where they can work, future prospects etc.But knowing the myth about a profession is something unique you thought about.
Anyways please note that every profession is surrounded by myths,because these days no one can be trusted.And this being a Financial area, obviously it is the most non-trusted area.
As you might be aware that as Financial planners, your main role would be Financial advisory to investors for the proper growth of their funds. Since there are many methods to choose from, a Financial planner can be of help here.
Now when it comes to Finances, wont you like to be more cautious, or would you surrender it in the hands of an unknown planner.So here is the 1st Myth: He is an unknown person, he would definitely not understand my issues. How can i trust him????What I mean here is that investors instead of trusting the knowledge begin to follow the persons identity.
Secondly, as we know market or any company looks majorly for profit. Thus comes the 2nd myth, he is asking me to invest in XYZ, because if the company makes a profit, they will also make profit
Thirdly, when people work in an organization and especially in a marketing kind of profile, other than salary, their other source of income is getting a share or percentage of their investment.So here comes the 3rd Myth, he is forcing me into this financial planning since he has and will earn his profit margin
Last, is we have been always taught to be aware of people who talk a lot, as it is the means for them to be convincing and sell a product, as they would touch the sentiments of an individual.So here comes the 4th myth, When planners speak, they will always show us how the plans would be beneficial to us based on our sentiments and sell us their product.
So it is not bad to take advise from a Financially sound person, but at the same time, one needs to be aware of the markets themselves and not follow planners blindly. Follow them blindly, and then begins the question of myth.
Hope this answers your query.
Wish you good luck.................
In order to post replies to the question: "What are the common myths about Financial Plannerss and their work?"
Founder - ReInventions (Professional Banker, Career & Image Coach
Reena Saxena comes with 25+ years experience in the BFSI sector.
She holds a MMS(Finance) from Symbiosis Institute of Business Management, Pune and professional certifications in Banking, Coaching and Training.
She has switched careers to being a Career & Financial Coach, through her initiatives ReInventions. and MoneyGoalz.
Founder And Director At Canvas Career
Mr. Prathamesh is a Certified Career Consultant by Psytech International (bps) UK and is also a Certified Trainer for Life Skills; he is pursuing Narrative Therapy from Adelaide, Australia. He has been in to career counseling for more than 8 years now he practices MINDFULNESS psychotherapy with students. He possesses vast experience in teaching and career counseling. Currently he is associated with FUEL NGO. He had counseled over laces of students and is a founder director of Canvas Career Consultancy, committed to conduct Psychometric assessments for students and do career counseling by making them aware about new career avenues
Counselor at Adaptive Minds
Mrs. Meghna is a Postgraduate in clinical Psychology. She had been a part of several workshops related to Personality Enhancement, Counseling, Child and Adolescent Psychiatry, Therapy, Hypnosis for self Healing etc. She works at Adaptive Mind as freelance counselor and had worked as an executive counselor at Growth Centre, School Counselor at Billabong High International School, Sri Sri Ravi Shankar Vidya mandir. Her areas of expertise include Human Resources Management with Clinical Psychology. Currently working as a Brain mapping analyst
Assistant Manager- Operations (Global Admissions) at SI-UK Education Council
Guidance and advisory services for the prospective students who wish to study in the UK.
See All Questions