
Nigel
Brian Taylor,
is a CERTIFIED FINANCIAL PLANNER Certificant and freelance writer
based in Santa Monica, California. He has been quoted and published in
many local, regional and national newspapers and magazines including the
Los Angeles Times, Wall Street Journal, Los Angeles Business Journal,
Investors Business Daily, Financial Planning Magazine, Investment Adviser
Magazine, Ticker, Registered Representative Magazine and Investment News.
I write regularly on Financial planning related topics and the politics
of financial planning. In February of 2000 Nigel was honored with the
front cover and a biographic feature article in "Financial Planning
Magazine", the largest circulation trade in the U.S., for his services
to the profession of financial planning in the area of competence, ethics
and professionalism.
A
Note from the Desk of Nigel Taylor:
Greetings to all my readers. These are my private pages and are separate
and distinct from Taylor & Associates, another web site owned and
operated by me. I am a practicing financial planner in California but
have decided to separate out my articles on the politics of planning and
consumer related information over to my personal pages. The views expressed
in these personal pages reflect my opinions as a freelance finance writer
and do not in any way, shape or form represent the opinions of any other
individual or company I am affiliated, associated or appointed with in
my other profession as a practicing financial planner. I created this
site because so many consumers and planners alike encouraged me to with
comments such as "Who better to comment on the state of the profession
that a writer who also is on the inside". If you want to visit Taylor
& Associates to learn more about my professional services offered
in California or Nevada you can CLICK HERE.
This
part of my web site is solely dedicated to the profession of financial
planning and what we can do to improve things. As initiatives are announced,
edicts handed down, or new regulations enacted, I'll share my perspective
with you in the hope that when things are openly discussed, good things
will begin to happen.
Click
Here To read the feature article published in Financial planning's
February 2000 issue regarding my practice.
YOU
ARE SEEKING COMPETENT ADVICE:
You need To Employ the Services of a Certified Financial Planner licensee.
BUT, What questions to ask? How DO you go about interviewing a financial
planner? I have written an article that will help you sort through the
clutter and get to the meat and potatoes of who to work with. CLICK
HERE
CLICK
HERE Posted November, 2002 Well, it's
been five months in the making but I've finally finished my article highlighting
the illegal activities of Fee-Only Planners in the business of insurance
in California. I'm also happy to report that "Financial Planning"
Magazine immediately agreed to print an abridged version of my article
in its November 2002 edition. This article addresses the illegal conduct
of fee-only planners in many States but does, at the same time, provide
potential solutions that will help increase compliance among these planners.
Shame on Fee-Only planners who have violated the law for years with impunity,
and shame on them again for not coming up with any constructive ideas
for themselves on how to provide advice legally, other than lobbying for
a repeal of the very statutes they violate. I am glad the Agent &
Broker Advisory Committee to the CA Dept. of Insurance has taken this
report seriously and much is being done at this time behind the scenes
to bring lawbreakers in California and elsewhere to justice. The
article is in Adobe .pdf format.
Click
Here To read my updated article (October 2002) regarding the
Fee-Only Name Game being played by NAPFA. Recently featured in the Wall
Street Journal, NAPFA has somehow, once again convinced WSJ journalists
to make "method of compensation" a more important issue than
"Ethics, Competence and Disclosure of Compensation". Fee-Only
is a great method of offering financial planning services and I offer
fee-only planning as one part of the services I offer to my clients. It
is NOT, HOWEVER, the only fair and reasonable method for ALL Americans.
My article sheds light on the activities of some of these fee-only planners
and should provide you with a little perspective and balance from all
the marketing hype, half truths, insinuations and questionable tactics
some planners use to get your business.
Click
Here To read My Discussion, "Can The CFP® Mark become the
minimum standard of education for financial planners???"
E mail me your thoughts on the issues. I'd love to hear from you!
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