Peter Dougherty of BISSAN Wealth Administration is called ‘the monetary planner for Individuals in Spain’. Possibly sooner or later he is likely to be known as ‘the Physician of economic planning’.
Peter doesn’t put on a stethoscope. He’s more likely to have a monetary calculator. Nonetheless, as Mr. Dougherty factors out: “each the medical and monetary planning professions begin with an examination to have the ability to make a prognosis. For medical doctors, that’s studying our x-ray or MRI; for monetary planners it’s trying by our monetary paperwork. And deciding on a monetary planner is analogous to selecting a physician. We are able to see this if we change ‘physician’ with ‘monetary planner’ in these questions:
1. Does the physician have particular coaching or certifications?
2. Is the physician a part of a registered medical group?
3. Has the physician saved updated on the latest medical practices?”
#1. Does the monetary planner have particular coaching or certifications?
Spain’s European Monetary Planning Affiliation (EFPA España) has licensed Peter as each a European Monetary Advisor (EFA) and a European Monetary Planner (EFP). EFPA España units the requirements for monetary advisors and monetary planners in all of Spain. Their website has a “Find a certified financial advisor” section that reveals each registered monetary planner and advisor.
Mr. Dougherty can be licensed as a Chartered Retirement Planning Counselor® by The Faculty for Monetary Planning, as a International Account Tax Compliance (FATCA) specialist by International Compliance Institute, and as an Funding Adviser Consultant by the North American Securities Directors Affiliation.
#2. Is the monetary planner a part of a gaggle?
Sure. Peter Dougherty is a monetary planner at BISSAN Wealth Administration, a trusted monetary advisory firm in Spain. Based in 2010, BISSAN is permitted and supervised by Spain’s monetary securities regulator, the CNMV (Comisión Nacional del Mercado de Valores). To see if an advisory agency is registered, you’ll be able to “search licensed entities” on the CNMV web site:
https://www.cnmv.es/Portal/Consultas/BusquedaPorEntidad.aspx?tipo=ESI.
#3. Has the monetary planner saved updated on the latest monetary practices?
In 2024, Mr. Dougherty earned a grasp’s diploma in Spanish taxation from Instituto Europeo de Asesoría Fiscal (Institute of Tax Planning). He says: “With this new diploma, I now have extra levels than a thermometer. However it was well worth the effort to know and have the ability to clarify the ins and outs of Spanish taxation in plain English.
“I additionally wrote and defended a thesis as a part of this grasp’s program. Whereas researching tax insurance policies for the thesis, I uncovered fascinating info. So, I compiled it and printed ‘La Hoja de Ruta Fiscal y Financiera para los españoles en EE.UU.’ It’s a skinny e book, not almost as dense as a medical journal.”
That is the second e book Peter has written about monetary planning. His first, The Dougherty Code: Secrets and techniques of Monetary Planning in Spain Revealed, was printed in 2023.
“The objective of my books”, says Dougherty, “pertains to what Dr. William Mayo, a founding father of Mayo Clinic, mentioned: ‘The intention of drugs is to forestall illness and extend life; the perfect of drugs is to remove the necessity of a doctor.’ My intention is to offer helpful monetary planning help to as many expats in Spain as potential. My best is that studying my books will remove the necessity to rent a monetary planner for a lot of extra.”
To schedule a free session with Peter Dougherty go to https://financial-planning-in-spain.com
