How to Choose a Financial Planner Online

financialtreat – will explain about How to Choose a Financial Planner Online which you will get in the following article. let’s look at this article carefully!

Some people are good at managing their personal finances, but most others don’t understand how to manage finances properly. One way to fix this is to hire the help of a professional, namely a financial planner. And the good news, now there is an Online Financial Planner. So you don’t have to bother leaving the house.

Many financial market participants claim that the advice they give is the best, such as insurance agents, stock brokers or bankers. However, not all shareholders have deep and broad training and the right experience to develop financial plans. And Online Financial Planner can make it easier for you.

How to Choose a Financial Planner Online

The financial planner you should consider is someone with a CFP (Certified Financial Planner) degree. In order to get the certification, the person must attend various trainings and programs that prepare them to deal with the financial problems of the client.

People with CFP certification are also required to carry out their duties in accordance with the code of ethics. In Indonesia, professional certification for financial planners is held by the Financial Planning Standards Board (FPSB).

This institution is also an international institution. According to him, a financial planner has at least 4 aspects, namely:

  • Education with formal education in the field of personal financial planning.
  • Experience, namely for a minimum of 3 (three) years providing financial advice to clients.
  • Passed the standard examination of the financial planning profession and was recognized and registered by the State.
  • Subject to the rules of the professional code of ethics.

In general, the task of a financial planner is to maximize the management of the financial resources you currently have in order to achieve financial goals in the future.

These goals can be achieved through managing cash flow, optimizing investments and assets. debt management, anticipating risks and preparing inheritance plans to prepare yourself and your family.

How a Financial Planning Consultant Works

At the first meeting, usually the consultant will get to know the client and try to get a clear explanation of where they are going and where they are now.

The consultant will provide interviews regarding personal information such as status, investment profile, occupation, dependents to other benefits received from the company. Usually after the interview, the consultant will draw up a timeline for the client’s life goals.

From the timeline, several conclusions can be drawn, such as how much money a client should save and what kind of assets should be included in the client’s investment portfolio so that the client’s short, medium and long term goals are achieved.

How to Choose an Online Financial Planner Service

Currently, there are quite a few financial planner services, especially in this digital era, they are starting to penetrate online methods, so you have to be smarter and more careful in choosing them. More specifically, here are some tips that can be considered when choosing an online financial planner service, namely:

Make sure the financial planner fits your needs

Financial planners generally have two kinds of financial planning, namely independent and dependent. An independent financial planner is a service that receives a fee for services and does not sell financial products to its clients. While dependent financial planners are insurance agents or investment management who receive payments for services while selling their financial products.

For that, make sure you choose consulting services at the right financial planning institution so that you can ask prospective financial planners about the services they offer. That way, you can more easily get the services of a financial planner that suits your needs.

Choose a Certified Financial Planner

If you are looking for an online financial planner, then make sure you choose a certified financial planner. It should be noted that in Indonesia there is only one management body for professional certification of financial planners recognized by the government, namely the Financial Planning Standards Board (FPSB).

This FPSB has issued two types of professional financial planner certificates, namely Certified Financial Planner (CFP) for those who have completed four modules of education and Registered Financial Planner (RFP) for those who have completed two modules of education. Well, if you choose a financial planner who already has a certificate, of course, your financial planning will be safer and smoother.

Finding out the Rates Charged

If you want to find a financial planner that offers affordable prices and good quality, then you should look for several prospective financial planners, whether related to legal entities or individuals.

Next, you can ask about the rates for each financial plan the ner to consult. In addition, don’t forget to make sure the sales commission charged for the business or the return on the investment that you consult with the financial planner.

If you have checked it, then immediately compare the rates and services offered. If you think the tariff offered is suitable, you can immediately continue the collaboration.

Don’t forget to ask for a portfolio or sample financial plan that the financial planner has made. This is useful so that you can get a financial planner that not only offers low prices, but also quality.

Those are some tips that you can apply if you are looking for a financial planner online. So hopefully the brief review above can be useful and provide additional insight for those of you who are looking for information about the best online financial planners.

How to Become a Financial Planner

Then, what are the things that must be considered to become a financial planner? To find out, you better not miss some of the points below.

1. Must Have a Financial Planner Certificate

A financial planner in Indonesia must have a certification issued by the FSPB or Financial Planning Standards Board Indonesia. There are 2 types for this certification, namely RFP or Registered-Financial-Planner and CFP or Certified-Financial-Planner. Well, these two certifications can give you a professional title that has been recognized by the BNSP or the National Professional Certification Agency.


This type of financial planner certification is designed for financial planners or financial planners who have ambitions to obtain financial certification but have not met the requirements for obtaining CFP certification. Some of the requirements for obtaining an RFP certification are almost the same as for a CFP.

The difference is that candidates who want to apply for RFP certification are only require to have a history of being a financial manager within 1 year. Upon completion, financial planners who obtain this certification can hold an RFP profession title.


This type of financial planner certification is an official acknowledgment of expertise in the fields of tax, financial planning, estate planning, insurance, to retirement. In order to obtain this financial planner certification, you must meet the following 4 things: formal education, performance in the CFP exam, relevant professional history, and professional ethics.

The requirements for education contain 2 main things. You must verify that you are a holder of a bachelor’s degree and/or higher than an accredite college or university.

Not only that, you must prove that you have at least 3 years of full-time work experience in the industry, as well as a history of internships within a year under the auspices of a mentor.

2. Bound to a Code of Ethics

Financial planners must comply with or be bound by a certain code of ethics. Because, financial planners have a crucial function, namely helping clients and providing guidance on finances and financial planning, and are prohibite from managing client funds.

In addition, these financial planners are also bound by a code of ethics that is oblige to prioritize the needs or interests of customers over personal interests.

3. Proficient in People and Communication Skills

This is a way to become an absolute financial planner. If you want this profession, then you must be proficient in communication, especially to deal with clients. This way, it will be easy for you to understand their needs.

A good financial planner can also provide a plan for every client’s financial situation and condition. Some of these include investing, planning a retirement savings strategy, taxes, small and large expenses, and occupancy planning.

4. Have Specialties

The majority of financial planners do general financial planning. However, you are better off specializing in a particular subject, for example investing in stocks, mutual funds, inheritance, insurance, or paying off debt, and many others. By becoming a specialist, the financial planner’s salary can be more classy.

5. Updating Knowledge of Financial Developments

Financial planners must be consistent in improving their capabilities and updating their knowledge of any developments such as regulatory updates, markets, and financial products.

So, those are the things that should be considere before becoming and choosing a financial planner. That way, you can understand them one by one before doing it. It does look complicate. However, nothing is in vain if you always try.

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