“FINRA BrokerCheck can greatly help these individuals get in touch with advisors and brokers.”
The CFA Charterholder believes it’s a versatile tool helping to promote safe investment opportunities to the general public.
Scarsdale, New York, 30th October 2022, ZEXPRWIRE, Americans are turning to financial advisors more frequently, with 26% of them saying in a survey conducted by The Harris Poll that they are their most trusted source for advice. The number of Americans who say they trust themselves as their source of financial advice has significantly decreased from last year. In addition to professionals, the most common people whom Americans consider to be their financial advisors are their partners or spouses.
To help investors gain access to a list of qualified and experienced professionals, the Financial Industry Regulatory Authority (FINRA) has launched its BrokerCheck tool to research financial advisors and firms to find a partner that suits their needs best.
Regarding how FINRA BrokerCheck can help investors, FINRA Brokercheck Francisco Faraco said, “The value of financial advice has increased significantly over the past year, which can be attributed to the pandemic. As many people experienced financial setbacks and hardships, they increasingly turn to financial advisors for professional consultation and advice.”
Francisco J. Faraco added, “In a survey conducted by The Harris Poll, 38% of Americans said they are currently working with an advisor, up from 29% working with one before the pandemic. 15% of the respondents said they plan to work with a financial advisor in the future. The FINRA BrokerCheck can help these individuals get in touch with advisors and brokers.”
Francisco Jose Faraco has vast experience in financial markets and investing in various industries. He believes the rise in the number of people turning to financial advisors is a positive sign. He says that advisors can help protect their clients from the risks of financial transactions. A good financial advisor’s advice can help people take advantage of available opportunities. He also believes that having a good financial advisor can help alleviate some anxiety people feel about their finances.
About Francisco Faraco
CFA Charterholder Francisco Jose Faraco has years of experience in financial consultancy and investment. Working for various US-based and international companies, he has developed the expertise to advice various industry investors. He currently works for the University of Chicago under the IPR model in the Master of Science in Financial Mathematics. In his Teaching Assistant role, he has helped students develop the skills needed to succeed in the field.
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