Financial Advisor Questions:

510 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
510
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Financial Advisor Questions:

  1. 1. ..…………………………………………………………………………………………………………………………… Where do millions of Americans find objective, personalized, and affordable financial advice today? An Industry Recognized Problem The truth is only a small percentage of American consumers have access to quality financial advice, and most of them are high net worth individuals. Many financial services firms have turned away from serving the middle market with live advisors all together, and completely automated advice solutions just haven’t met the mark for millions of consumers who have a growing need for professional guidance. Until now it was almost impossible for an objective financial professional who targeted the middle market to reach, service, and fulfill the financial advice needs of this growing consumer base in a cost effective manner. The Myfinancialadvice Solution Myfinancialadvice has resolved this problem with an innovative online solution, which connects mainstream online consumers with independent financial professionals who deliver affordable, unbiased financial advice on an as needed, pay-per-use basis. Consumers come to the MFA portal directly and through national online financial services companies that do not have in-house financial advisors, such as online discount brokers, Internet banks, financial content sites, membership organizations and 401k plan providers via employer intranets. Once consumers arrive at the Myfinancialadvice.com site, they can search for and find pre-screened advisors that have specialized areas of expertise or are generalists who can identify and service their personal finance needs. Consumers then review advisors’ credentials, fees, ratings, availability, and then communicate with them by email, instant messaging or through the MFA Push-to-Talk phone system. Advisors generate online proposals for the services requested and customers pay for advice by the minute or by the project. Myfinancialadvice completely streamlines the marketing, data gathering, communication and payment tasks that typically cost advisors significant time and money. Myfinancialadvice.com Homepage As consumers arrive at the Myfinancialadvice home page, they will gain immediate access to licensed financial professionals able to help them address their personal finance issues. The categories of Financial Planning, Investing, Taxes, Insurance, Mortgage and Lending and Employee Benefit, as well as specific financial topics are just a mouse click away. ..…………………………………………………………………………………………………………………………… Myfinancialadvice, Inc. ▪ 2906 Umatilla Street ▪ Denver, CO 80211 ▪ 303.395.3355
  2. 2. ..…………………………………………………………………………………………………………………………… What types of advisors are in the Network? Currently professional financial advisors in the MFA network include: Certified Financial Planners®, Chartered Financial Analysts, Series 7 licensed investment advisors, Certified Public Accountants (and CPA/PFSs), Enrolled Agents, Chartered Financial Consultants and mortgage professionals. All advisors in the Myfinancialadvice network are independent financial professionals who have had their credentials verified, have met strict experience and regulatory requirements and have committed to serving the mainstream consumer with integrity, objectivity and diligence. Matching Customers with the Right Advisors Once a topic is selected, customers review search results to quickly scan each advisor’s certifications, pricing, availability and previous customer ratings. Customers who want more information about a particular advisor can drill down to review an in-depth profile. When customers are ready to communicate with an advisor live by email, chat or phone and the advisor is logged in, they simply click on the desired availability icon to connect in real time. If the advisor is not available, they can use the MFA email to schedule a convenient time to talk. In-depth Advisor Profiles to Build Trust Each advisor’s profile contains a photo, professional background information, a personal statement, fee structure, availability and a customer rating to build trust and set them apart. Myfinancialadvice uses a third party verification service to review professional background items before any advisor is invited to participate in the network. Customers can be confident that they will be working with qualified financial professionals who will provide the specific services requested for the exact fee described in their proposal. Customers can “bookmark” their favorite advisors to easily return to one or many advisors in the future. ..…………………………………………………………………………………………………………………………… Myfinancialadvice, Inc ▪ 2906 Umatilla Street ▪ Denver, CO 80211 ▪ 303.395.3355
  3. 3. ..…………………………………………………………………………………………………………………………… Efficient Tools for Communication and Billing Push-To-Talk MFA’s Push-to-Talk technology is one of the convenient Customer Advisor options customers have to access a financial advisor in real Both parties are time. Customers and advisors are able to spend a few automatically connected minutes discussing the customers’ area of need and whether the advisor can help them. Once the customer and advisor agree to work together, the project gets underway. Customers can work with advisors on a “pay-per-use” basis based upon the advisors per Customer initiates call minute fee, or agree to a flat fee arrangement. Billing is via Myfinancialadvice.com Push-to-Talk service conveniently handled by MFA via credit card during the customer registration and payment authorization process. The Opportunity for Myfinancialadvice Advisor Members Myfinancialadvice offers the financial advisor community a completely turnkey online marketing and advice delivery platform, which helps advisors cost effectively reach and service the mainstream consumer. The Myfinancialadvice platform enables an advisor to: • Generate new revenues via a marketing pipeline that provides a continuous source of customers. Larger independent advisor and membership organizations are able to generate additional revenues by providing the MFA service to their qualified representatives • Streamline the laborious and expensive tasks involved with marketing, communicating and servicing customers • Work from anywhere. MFA uses Web and telephone technologies to allow advisors to easily communicate, collaborate and charge for their advisory services • Advisors work on their time. After hours, weekends, mornings, or prime-time, the MFA platform is available based on the advisor’s desired schedule • Save time and money by matching only qualified consumers who have already searched for and reviewed the advisor’s online profile and are ready to buy • Differentiate in the marketplace by providing as needed, pay-per-use financial advice via the Web • Efficiently target and service an extremely large and underserved market Advisors set their hourly fees, which are translated into per-minute rates and are posted on the advisors’ summaries and in-depth profiles. Flat fees may also be preset and posted on advisors’ profiles or determined on a per project basis. Advisors’ prices may vary depending on factors such as their education, background, practical experience, and location. Advisors will be able to participate in the service for a nominal setup fee and will receive 65% of the fees collected by MFA on a monthly basis. Based on 2 billable hours per day, 5 days a week, an average financial advisor using the MFA system could supplement their income by $40,000 - $60,000 per year. ..…………………………………………………………………………………………………………………………… Myfinancialadvice, Inc ▪ 2906 Umatilla Street ▪ Denver, CO 80211 ▪ 303.395.3355
  4. 4. ..…………………………………………………………………………………………………………………………… Minimum Requirements to be an Advisor in the Network 1. 3 years of relevant work experience in area of expertise 2. Licenses and credentials, which allow advisors to practice in area of expertise 3. Clean regulatory and criminal history 4. Acceptance of MFA Code of Ethics (most of which has been adopted from the CFP Board of Standards Code of Ethics) 5. Acceptance of MFA Terms of Use in the MFA Advisor Member Agreement For consumer protection, all licenses, certifications, work experience, regulatory and criminal history records are verified by a third party background checking service. ..…………………………………………………………………………………………………………………………… Register Today and Start Making Money Online Myfinancialadvice is now registering outstanding financial professionals to participate in this exciting new online advice service. The initial set up and training fee is $300, which is good for the first 12 months of service, including your initial third-party background verification. Interested advisors may find FAQs, advisor agreements, and other help on the Web by going to: https://www.myfinancialadvice.com/Registrations/register.aspx If you are interested in learning more about this exciting new service, please contact: Kevin Condon PhD, CFP® Executive Vice President, Advisor Services email: kcondon@myfinancialadvice.net phone: 303.395.3355 x214 fax: 303.395.3355 Myfinancialadvice, Inc. 2906 Umatilla Street Denver, CO 80211 ..…………………………………………………………………………………………………………………………… Myfinancialadvice, Inc ▪ 2906 Umatilla Street ▪ Denver, CO 80211 ▪ 303.395.3355

×