- What is financial planning?
- What is the difference between financial advice and financial planning?
- How do I know if I need financial planning?
- How do I know if a financial planner is qualified to help me?
- Who is Andrew Ferraro?
- How are you compensated?
- How do I choose a financial planner that is right for me?

What is financial planning?

Financial planning is a process of meeting your life goals through the proper management of your finances. It focuses on the individual- all the financial and psychological factors that impact a person’s life.

What is the difference between financial advice and financial planning?

Financial advice comes in many forms and from many sources. Your accountant may offer tax advice; or your lawyer suggest estate planning tips. A professional financial planner, on the other hand, thoroughly reviews and analyses all of the aspects of your financial state to achieve financial security in the long term.

How do I know if I need financial planning?

People consult a financial planner for many reasons. Here are a few questions that will help you determine if you need financial planning:

- Do you have the time and the knowledge to take care of all your financial needs?

- Does conflicting financial advice from several sources confuse you?

- Do you know how and would you like to pay less taxes?

- Do you know the best ways to invest your hard earned money?

- Do you feel like you are struggling with your money?

- Are you finding it difficult to save your money?

- Have there been any recent changes in your life that change your financial situation?

How do I know if a financial planner is qualified to help me?

Not everyone who uses the title “Financial Planner” is a Certified Financial Planner ^TM. A Certified Financial Planner ^TM is an individual who has been educated in, examined for, and has experience in all aspects of financial planning. This person agrees to adhere to a strict code of conduct known as the CFP^TM Code of Ethics. This person has also made a lifelong commitment to keep technical skills and knowledge current. They are required to continue their education (30 hours per year).

Who is Andrew Ferraro?

Andrew Ferraro, CFP^TM is a seasoned investment veteran who has been active in asset management for the past fifteen years. His investment style is characterized by meticulous analysis and thoughtful attention to the needs of the client. Both the conservative and moderately aggressive investor will feel comfortable with his dynamic approach to portfolio management.

Drew Planners Inc., a Registered Investment Advisory firm was chartered in 1986. Under the umbrella of Drew Planners, Inc., Andrew Ferraro developed financial plans and tailored investment portfolios to meet the varied objectives of his demanding clientele - whether they seek to maximize a college fund for their children; methodically save toward retirement; or require income in their "golden years". Portfolios are structured to meet the goals of the individual.

Andrew Ferraro has been published in “Financial Planning Magazine”, quoted in “Equity Magazine”, and the “Gannett (USA Today)” newspaper chain. He assisted in writing the first edition of "Women and Investing," a publication issued by the Oppenheimer Funds Group. He is noted on the inside cover as an expert in the field.

Andrew Ferraro has been professionally trained in investments and financial planning by the College for Financial Planning. He earned the Certified Financial PlannerTM designation in 1994. Prior to that, he earned a certificate in Personal Financial Planning issued by the prestigious National Society of Public Accountants.

How are you compensated?

Drew Planners, Inc. is a fee-based only firm. The fee is based on the value of the client’s assets. To see a fee schedule, click here.

How do I choose a financial planner that is right for me?

Finding the right financial planner is not always an easy task. It requires time, effort and investigation. We feel that a financial planner should be trustworthy, and make you feel confident and comfortable with the idea of them handling your money.

This is why we offer a FREE, no obligation meeting to discuss your concerns and financial situation. There is NO pressure. It is an investment of your time, to see if we can help you in any way. At the end of the meeting, if you are not interested, you will not hear from us again. Please call 1-800-464-DREW to set up an appointment or phone conversation.

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