The days of making an appointment at your bank branch or meeting with your parent’s financial advisor to seek financial advice are over. The traditions of handshakes and signing papers are a thing of the past – online financial planning is the way of the future.
My recent article on talks about the benefits of having virtual relationships and why along with Generation X-ers are seeking money advice online. Think about your banking relationships: Do you use an online bank? Actually let me ask you a better question: When is the last time you actually went into your bank? Do you have a DIY investment account with an online discount brokerage? If so, then online financial planning may be a good fit for your lifestyle.
For many of us – myself included – life seems to take up all our time. With long work weeks, family obligations and personal commitments, it may seem like something so traditional such as visiting our bank is becoming obsolete because we just don’t have time.
That’s where the benefits of having a virtual come in. With modern technology such as Skype, Google Hangouts and screen sharing technology, financial planners can connect with anyone absolutely anywhere in the world. So why get dressed up and head over to your bank or your parent’s financial advisor when you can get the same great advice from the comfort of your own home?!