"The money lays on the street, you have only to know to pick it up."

 

Financial advice

Combination "cheap and customer oriented"

A short story of how it all began: as a co-author, I have written a number of books relating to money and financial advice. What is more, I have accompanied Bernd W. Kloeckner as an assistant to some of the most successful and well-known seminars and trainings in four different countries. As a consequence, I am now looking to apply this knowledge when advising financial customers. Having begun as a student of business administration back in 2004, I went on to work in a "hardcore selling" financial advising company called AWD for 6 months. It did not take me long to realise that such a position was not directly in line with my university course, and this lead me to seek different opportunities to use my knowledge of finance elsewhere. Consequentially, I asked my financial adviser Mr. Sabel with the company Fintax if I could instead work for him, and I have since been successfully advising his Germany-based customers that seek help in financial planning.

I am of the opinion that at least three parts of insurance and investments in Germany are required. They are:

  • Liability insurance
  • Separate disability insurance
  • More than 10 percent of the salary invested in pensions [note that how much you need, will depend upon the inflation-adjusted pension, which I am able to calculate for you]
  • More: Financial Planning is for each individual to discuss. For every situation, and for each individual person different products may prove more interesting. This is advice for individual needs!

It is in this capacity that I am here to advise: The majority of customers have signed an insurance or investment contract, etc. but they will only know the amount they will receive at a later stage. So, how much can they instead receive by paying a monthly pension? And how much is this amount worth after inflation? These are the queries I am here to assist you with; regarding how much you have exactly to invest for your wish-to-have-pension. It is exactly for this reason that I have written the books I have, and have been an assistant financial advisor at Bernd W. Kloeckners international seminars - where you can always count on having a very interesting conversation about money!

Of course, you are welcome to sign up for more insurance and investment plans if you like. If you say: "I have all insurances I need" – then why not perhaps see if it can be done at a cheaper rate?! A free insurance check just might save you a lot of money!

Today, Germany faces many disadvantages:

  • Most financial advisers will only offer you product-based advice.
  • You will only receive products and a fixed-rate future sum of money – which doesn’t take inflation rates or your future pension requirements into account.
  • You will only receive one insurance, from a dependent adviser. You therefore do not exercise the right to choose between other insurances on the market, which may prove to be cheaper or better suited to your needs

 Your advantages in the future:

  • I will calculate your pension or future required sum that best suits your plan
  • I can offer you a free insurance, so that you receive the best insurance
  • I will provide you with lifelong advice and information, and inform you of changes in the market
  • First and foremost: You say what you require, and we will search for your best options available on the financial market.
  • You can expect a very intriguing conversation about money and your finances

I am independent financial adviser, and have been for several years. In working alongside Mr. Sabel with the company Fintax , I have someone that can also give me advice for my financial planning (although I mostly calculate that for myself); for finding the right products; and for being at hand to answer any particularly insurance and finance-related issues. I stand for the sentence: "Don't sign any contract, that your financial adviser also wouldn’t!"

 

 © Werner Duetting, 2010