Phillip Cannella News: Phil Cannella Cross-Examines Financial Advisors

Phil Cannella – Phillip Cannella News: Phil Cannella‘s Crash Proof Retirement System™ is built on a foundation of education. To that end, Phil Cannella sees to it that all people involved in the educational process are well trained and well versed on IRA law, tax implications of financial vehicles, etc. Phil Cannella takes it a step further and insists on continuing education courses for all those involved with working with his consumers to crash proof their assets.


Phil Cannella recognizes how important it is to know all about a subject before trying to advise people on what to do. And when it comes to a person’s financial future it is of critical import that the recommendations one is making are accurate. To that end, Phil Cannella insists that the consumer ask their existing financial advisor some pointed questions to dig into their knowledge of this subject to ensure that the expertise they are getting is accurate.

Phil Cannella even suggests some questions to ask your Advisor. Here’s one: “How will you handle my IRA if my estate is named the beneficiary?” To the untrained this question may have never even popped into your mind but if you have an IRA and you have reached retirement age this is something you should be concerned about and this is something you should ask your Financial Advisor and see what answer they give you. If they understand IRA law then this answer should be simple. If he or she cannot answer it or the answer doesn’t make sense, consider finding someone else to handle your finances.