
The modern world is hectic, if nothing else. At the forefront is the Generation X. Intense focus , back bending hard work and sheer brilliance has begun to pay dividends. The young are flush with funds. In fact, it seems that Generation Z is knocking hard on the door already. Boy Geniuses and Baby Divas are beginning to be at the helm of Big Business, and making mind boggling money for everyone involved in the process. It is indeed the start of a Brave New World. Not just in the sense of a Wonder-Kid Hollywood Star, these new Captains of Industry are leading the charge in the Sunrise Industries also , and making unbelievable money for their stake-holders, and of course, for themselves (well, for their parents, if they are below the age barrier). In most cases however, neither these bright young people, nor their caregivers, are really prepared for this onrush of wealth. In the past, such early nest eggs have often been lost by the wayside, or the tension of holding on to the gold they already have, has destroyed the early promise. The more successful the entrepreneur, the more focused this person is on the immediate future, and there is loss of concentration on what that person has already acquired. Special help is required, and not just from the usual well wishers. Mortgage brokers and financial advisors are perhaps the only Guru’s who can help these extraordinary Entrepreneurs.
Who Are These People?
Firstly, it is essential to have a sound Financial Advisor (FA). The FA will draw up a plan of investment for the surplus wealth generated by the Entrepreneur, who may be wonderful in his job, but immature in long-term planning. A senior FA, with long-term planning as his forte, with specialized knowledge of the soundest investments with gilt-edged security and ready convertibility for emergencies, will be the right person to help. But combined with him is needed a Mortgage Broker (MB) who has his nose in the grass. As the best FA’s will confirm, and the MB will ensure that the correct loans and EMI’s are located and used to cushion the investment.
A Helping Hand
Mortgage brokers and financial advisors are therefore just the people to lend a Helping Hand, so that the Funds earned do not vanish into thin air. While, when there is time to interact directly with banking and other lending institutions, the Investor must check out the possibilities personally, professional assistance is always the best when such a serious matter is concerned. Particularly if the two functions can be combined in one service, the specialized knowledge required for really sound advice must be sought. Make Hay while the Sun Shines, as they say.