Apple Federal Credit Union’s Post

Last night WHEC-TV News10NBC did a story on "How to Avoid Financial Advisor Scams" and offered tips to avoid becoming a victim of one of these scams, emphasizing the importance of: 🗣️ ✔️ Verifying credentials (is your advisor licensed?) ✔️ Recognizing red flags like "high-return guarantees" ✔️ Understanding fee structures It advises using tools like FINRA’s BrokerCheck to ensure advisor legitimacy. This is a free online tool that you can use to look up any licensed financial advisor in our industry. Thank you Channel 10 for shedding light on this issue! #financialadvisor

Many financial advisors rush to provide their clients with a money solution right away. That’s a mistake. The best advisors know that before they can solve their clients’ money challenges, they need to understand their money behaviors. If they can do that, they’ll be able to form a strong client-advisor relationship rooted in trust and real understanding, rather than just superficial gains. So how does an advisor go about doing that? To start, they need to ask the right questions. They need to learn a little bit about a client’s money fears and anxieties in addition to their money motivations. Did they grow up with money accessible to them? How do they typically handle their money? Do they have a secure or insecure relationship with their finances? With the answer to each of these questions, the advisor can start to recognize patterns in a client’s financial life - and then respond accordingly. So much of the value that an advisor ultimately brings to the table, then, is their ability to craft a specific path that’s aligned with their client’s situation and behaviors in mind. At the end of the day, any advisor can give sound financial advice and keep track of assets. But to deliver a level of understanding and tailored guidance informed by a client’s experiences and perspectives? That’s special. That’s the kind of service clients want to engage with for years to come.

Are you looking for someone you can trust to help manage your money? 💼💰Learn about financial fiduciaries and how they differ from other advisors, plus key things to keep in mind when working with them. #fiduciary #financialadvisor #moneymanagement

A responsible overdraft service with the proper disclosures is the best strategy for your account holders and members, but evaluating your overdraft strategy is challenging. Balance a responsible service that benefits your account holders, and one that helps your financial institution. #overdraftdisclosures #consumerfocused #membersfirst https://okt.to/yAPpRz

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.

For many, the New Year marks a dedicated moment to work on personal financial goals. From saving more to paying off debt to budgeting, learn more about the most common financial resolutions and steps you can take to help reach them.