Financial planning is a very difficult task. There are many who believe that financial planning merely stands for playing with a few numbers and adjusting a few algorithms, no matter how complicated, and giving a green or red signal to the client. Well, we can assure you that it’s not the case. Financial planning requires years of research and experience to predict stuff that will only mean profit for you – maybe not short term but long term. Lance Burstyn specializes in financial planning not because he knows his numbers all too well, but because he has had the experience in dealing with businesses and households a lot in his lifetime. All that experience allows him to design better strategies and guidelines for investing, spending, and borrowing, ensuring that his clients have a good future ahead of them.
Lance Burstyn in Miami doesn’t only specialize in financial planning. He is also a renowned financial advisor. His advice has helped save businesses as well as help people out personally with their assets and financial decision-making. How he does all this? Well, that is almost as hot a question as Lance Burstyn net worth. The answer is simple: everyone has their own way of planning and advising on finance, and Lance Burstyn is no exception. His unusual method is quite unorthodox and out of the box. He first plans the risks, for example, rather than seeing the good points. This method ensures that there are no big threats to your finance in the long-term. This, in turn, ensures that your overall profit-making is not diluted or hurt even the slightest, or if in the off-chance that it does, you have the means with which to fight it or be forewarned about it.
This technique has worked really well so far with all kinds of clients and is sure bring you financial advisory and planning of the next level. It’s almost like going to the doctor for a checkup. How many of us know that at least one checkup a year is important? All of us. And how many of us go to the doctor if nothing serious happens? Not many.
Just like that, everyone who has a bank balance and a sight for the future that needs to be guaranteed needs financial planning. You might not need insurance in certain cases but financial planning is necessary. Further, the financial advisory is something different. You might not require it or might not require it at all time. That’s why we recommend having financial advice every once a while about where you are headed and where you need to be headed.
Now that we are talking of financial advisory and how people often ignore it, we should also look over the case of automated financial advisory or robo-advisors. Robo-advisors are basically software loaded with tons of algorithms aimed at market research. They also have a good grip on the historic charts that they use to fine-tune their predictions. Further, robo-advisors also have algorithms fitted into them that help them update their main calculative algorithms over time based on their own performance for your unique case.
All this makes a robo-advisor a good alternative, doesn’t it? Well, sadly, it doesn’t. A robo-advisor is only as good as computer, maths, and probabilistic prediction can go. A real financial advisor has the much necessary human touch. By the much necessary human touch, we don’t just mean the better communication, problem-solving, and doubt-clearing you will harness but a more realistic and practical service.
Now, before you settle on a financial planner, know that just about anyone calls themselves a financial planner in Miami, Florida. Even if you don’t look for specific designations or do some kind of stalking for finding out the realistic experience a “financial planner” has, make sure that you pick someone with a reputation and authority because those assure you that the person in question is indeed a financial planner. Lance Burstyn fits the bill there. Also, many do the mistake of taking a salesperson as a financial planner. Don’t make that mistake ever, you will regret it dearly.