In the past few years, the number of personal finance companies has exploded across the country. Many of them are very similar in nature, but each one has a different philosophy and approach. The problem with this industry is that you can get sucked into the business model of one company and not realize the fact that your personal finance profile is entirely different.
The problem is that one company has more money than the other.
So, do you think that personal finance companies are good to have? I mean, it’s not like you can’t find somebody to give you advice on money and investing. It’s that you might not really be getting the best advice. Maybe you should go look for a better company.
Not only that, but the personal financial advice industry is a $12 billion industry, and that doesn’t even include the other $11 billion in other industries. If personal finance companies aren’t as good as the advice industry, the advice industry is probably the bigger problem. It’s not that you can’t find someone to give advice, it’s that the advice industry (like the personal finance companies) is a little more difficult to break into.
To the best of my knowledge the best advice is to go look at yourself on the board and see if there is a board that has your personal finance company. If you can’t find one then you have to go down the path to find someone that will give you advice on what to do.