Not all financial planners are dodgy. While there are some financial planners who may not have the best interests of their clients at heart, there are also many financial planners who are knowledgeable, ethical, and professional.
It is important to do your due diligence when choosing a financial planner to work with. This can include researching the planner’s credentials, experience, and reputation, as well as checking for any disciplinary actions or complaints against the planner. In addition, it is a good idea to ask the planner about their approach to financial planning and to make sure that their philosophy and recommendations align with your needs and goals.
It is also important to remember that financial planning is a regulated industry, and financial planners must adhere to certain standards and guidelines. In Australia, for example, financial planners must hold a relevant qualification and must be registered with the Australian Securities and Investments Commission (ASIC).