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What does a Certified Financial Planner™ (CFP®) do?
A CFP® helps clients create personalized strategies for retirement, investments, taxes, and estate planning. They meet strict education and ethics standards and must act as fiduciaries—putting your best interests first.
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Why should I hire a CFP® in Nashville, TN?
Nashville-based CFP® professionals understand local economic factors like Tennessee’s tax structure, cost of living, and major employers. That local insight helps create financial plans tailored to the Nashville lifestyle.
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How do I find the best CFP® near me?
Start with the CFP Board’s “Find a CFP® Professional” tool, then research local firms like Allgood Financial. Look for advisors who align with your goals, offer transparent fees, and have positive client reviews.
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What should I ask before hiring a financial planner?
Ask:
- “Are you a CFP® and a fiduciary?”
- “How do you charge for your services?”
- “What’s your experience with clients like me?”
- “How often will we review my financial plan?”
These questions help you gauge experience, transparency, and communication.
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How much does it cost to work with a financial planner in Nashville?
CFP®s may charge a flat fee, hourly rate, or percentage of assets under management. In Nashville, typical fees range from 0.5–1% of managed assets per year or an hourly flat fee for planning services. Always request a written fee schedule.
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What’s the difference between a fee-only and commission-based advisor?
A fee-only advisor is paid directly by clients and avoids product commissions—reducing potential conflicts of interest. A commission-based advisor may earn from product sales, so be sure to clarify their compensation structure.
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How often should I meet with my CFP®?
Most clients meet quarterly or semiannually to review goals, portfolio performance, and life changes. Regular communication keeps your plan aligned with your financial milestones.
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What are the top qualities of a good financial planner?
Look for:
- Fiduciary commitment
- Transparent fees
- Strong communication
- Relevant experience (especially with your life stage or goals)
- Local expertise in Nashville’s financial environment
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How do I verify a financial planner’s credentials?
You can confirm certification at CFP.net/verify. Review their Form ADV and disciplinary history through the CFP Board or FINRA’s BrokerCheck database.
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Why choose Allgood Financial as your Nashville CFP®?
Allgood Financial offers fiduciary-based, personalized planning with deep local insight. The firm serves individuals and families across the Nashville metro area, helping clients make confident financial decisions through transparent, goals-based strategies.
