After a brief but enjoyable discussion about his Scottish heritage and Scotland’s football, we get into the main reason Scott McKee, Senior Investment Counselor at Cardinal Capital Management, is with us today: Cardinal Capital is opening a new location in Kelowna.
The financial world is full of alphabet soup titles, with no shortage of designations for financial advisors, Scott explains. He breaks down the meaning of some of the most common acronyms: CFA (Chartered Financial Analyst), CFP (Certified Financial Planner), CIM (Chartered Investment Manager), PFP (Personal Financial Planner), RFP (Registered Financial Planner) and more.
But what do these designations mean, and how do you pick the right advisor? Scott highlights three key points to consider when searching for the right financial advisor:
1. Look for the CFP (Certified Financial Planner) designation.
2. Consider the advisor’s experience, as well as your own experiences with previous advisors.
3. Trust your gut and do your due diligence.
If you’re in the market for an advisor, you might want to consider if you are the right fit for Cardinal Capital. At Cardinal, they focus on growing your income, maintaining consistency and educating you as a client in an easy-to-understand manner. At the Kelowna location, you can expect to find six independent advisors. However, Cardinal Capital works with more than 100 independent advisors in total, with more transitioning to in-house roles all the time.
What’s Inside:
—Cardinal Capital opening in Kelowna.
—What to look for in a financial advisor?
—Are you the right fit for Cardinal Capital Management?
Mentioned In This Episode:
—Cardinal Capital Management: https://cardinal.ca
—MBA CPA: http://www.mbacpa.ca
