RFP - Registered Financial Planners

[H.Wolowitz]

---

just heard from a friend about them, but i need more info and know their importance to the economy, if any.

so, what is a RFP?

and what is your importance to the economy?

[H.Wolowitz]

mingaw man.. hehe

[jackdi]

ahahaha! ... mingaw Boss?

Para nako Boss, these RFP's are a.k.a. insurance agents, investment agents, stock brokers, and bank agents. They do help you, and they help themselves in helping you too.

Just like registered property agents... motabang sila'g pangita og best property for you.
And they earn a commission.

Ignorant as i am, this is how i see them for now.

How important are RFP's in our economy?
-- Need jud ta'g mga tinood nga RFP's. Kay sad to say, daghan kaayo mi nga dili financially educated, mga dili kahibaw unsaon pagpadagan sa atong finances aron dili mayabo igka-ugma.
-- And they can also encourage the creation of businesses. Kung naa'y business creation, naa'y job creation. And you know where this cycle goes.

[H.Wolowitz]

ahahaha! ... mingaw Boss?

Para nako Boss, these RFP's are a.k.a. insurance agents, investment agents, stock brokers, and bank agents. They do help you, and they help themselves in helping you too.

Just like registered property agents... motabang sila'g pangita og best property for you.
And they earn a commission.

Ignorant as i am, this is how i see them for now.

How important are RFP's in our economy?
-- Need jud ta'g mga tinood nga RFP's. Kay sad to say, daghan kaayo mi nga dili financially educated, mga dili kahibaw unsaon pagpadagan sa atong finances aron dili mayabo igka-ugma.
-- And they can also encourage the creation of businesses. Kung naa'y business creation, naa'y job creation. And you know where this cycle goes.

naa sad d.ay registered property agent boss? now lang ko ana. hehe

daghana d.ay ana nilag a.k.a. gd.. hehe

so ang career nila kay didto ra ghapon padulong sa investment companies? mura mn gd ug dili known nga career path hehe

[jackdi]

naa sad d.ay registered property agent boss? now lang ko ana. hehe

daghana d.ay ana nilag a.k.a. gd.. hehe

so ang career nila kay didto ra ghapon padulong sa investment companies? mura mn gd ug dili known nga career path hehe

I see... your asking this for career path diay Boss?
Didto ta ni's pikas section, basin mas daghan motubag didto.
Di man gud klaro imong intrada.


Anyway, on the topic, naa ma'y PRC Licensure Exam for real estate brokers Boss.

But basically, sa binasaya nako nga pagsabot, RFP's are working for commission. (pls correct me if im wrong)
Considering the commission packages, lucrative kaayo ni nga career path.

Real Estate for example, pila ang value sa property nga imo pangitaan og buyer - P1M, P½M. Kuhai og 2%, mao na imong commission. Maayo or dili? Kung usa ra imong sale hap. Nya kung 5 imo sale, pila na?

For Insurance, ilang commission is about 30% - 40% of the 1st year's premium (di ko sure). Plus bonuses pa if maka-meet ka's imong quota. Kung dagku og premium ang client nga imong nakuha, daku pod ka'g igo!

Syempre, it bottoms down to your effort jud. If maghunong ra ka, aw.. wala pod!

[H.Wolowitz]

I see... your asking this for career path diay Boss?
Didto ta ni's pikas section, basin mas daghan motubag didto.
Di man gud klaro imong intrada.


Anyway, on the topic, naa ma'y PRC Licensure Exam for real estate brokers Boss.

But basically, sa binasaya nako nga pagsabot, RFP's are working for commission. (pls correct me if im wrong)
Considering the commission packages, lucrative kaayo ni nga career path.

Real Estate for example, pila ang value sa property nga imo pangitaan og buyer - P1M, P½M. Kuhai og 2%, mao na imong commission. Maayo or dili? Kung usa ra imong sale hap. Nya kung 5 imo sale, pila na?

For Insurance, ilang commission is about 30% - 40% of the 1st year's premium (di ko sure). Plus bonuses pa if maka-meet ka's imong quota. Kung dagku og premium ang client nga imong nakuha, daku pod ka'g igo!

Syempre, it bottoms down to your effort jud. If maghunong ra ka, aw.. wala pod!

hehe na.curious rako kay dili man known nga career path boss.. but still more on sa importance sa economy ako point nga ganahan makuha..

how about sa business side? if owner kag business nga non-financial ang service ug product, lets say restaurant business.. need ba ghapon ning RFP para ana?

[jackdi]

hehe na.curious rako kay dili man known nga career path boss.. but still more on sa importance sa economy ako point nga ganahan makuha..

how about sa business side? if owner kag business nga non-financial ang service ug product, lets say restaurant business.. need ba ghapon ning RFP para ana?

Hehehe... on the business side, that depends on how you'd want to do it.
Would you want him to be your accountant, group comptroller or a portfolio manager ?

Kung business owner ka nga naa'y mga tao nga nag-run sa imong mga negosyo, you might need one.
Your accountants in each biznezz might already be capable of running the finances in that biznezz.

If daghan ka'g biznezz, you can establish an HQ company to oversee each of your businesses. And you'll need a group comptroller to help you on the financial side. Ang group comptroller pod ang motabang nimo pagpalambo sa imong mga negosyo og pagpa-grow sa imong money.

Ang imo nalang as the owners of the businesses is to put your money where it would grow best, right?
This is where a good RFP comes in... or this time around, we'll call him your portfolio manager.

In short, the good RFP should help your money grow more money wisely.

General importance to the economy: If you are able to invest any form of money-making venture as suggested by you RFP, that venture will ultimately create jobs, taxes, income for other people around that newly created biznezz, etc. This is where the economy benefits from this.




PS: I am NOT an RFP, but I know accounting.