Timeshares should not be seen or thought of as financial investments. The only investment timeshare owners gain are good vacation memories.
Timeshare Exit Pros has maintained a close relationship with East Coast Financial of Central Florida. Serving multiple states, East Coast Financial of Central Florida has investment advisors and financial advisors licensed to provide holistic investment advice and to make insurance and investment recommendations. Before making your next investment decision, we recommend speaking with one of the two main advisors at ECF.
As Registered Representatives, Investment Advisor Representatives and Life, Health and Variable Annuity Agents, ECF of CF financial advisors are fully licensed: Series 7, Series 66 and 2.15 Life, Health and Variable Annuity. Timeshare Exit Pros and East Coast Financial of Central Florida, LLC are separate entities.
With 33+ years in the financial services industry, Bruce brings considerable skill and knowledge to the table. After establishing a successful financial services practice in Connecticut, Bruce relocated to Orlando in 1988 to expand his business. In 1994, Bruce created East Coast Financial of Central Florida, LLC. For several years he volunteered for the Risk Management Program at the University of Central Florida, where he currently resides. Bruce can be heard Saturday’s at 1PM, The Answer. (AM 950 / FM 94.9)
After graduating Florida State University in 2008 in with a B.S. in Applied Economics, began my financial career in hedge fund accounting and eventually worked as a Financial Operations Principal and Sr. Accountant for a high frequency trading firm in Orlando, Florida. After several years learning the operations side of the investment and brokerage business, Michael took the additional required licenses and leveraged his knowledge in helping clients as an Investment Advisor Rep and Financial Advisor.
Merriam-Webster defines an Investment as the outlay of money usually for income or profit. If you were sold a timeshare as an investment, you now know that you can’t sell it on the open market to recoup your cost; let alone sell it at a realized gain. Furthermore, no income is derived from timeshare ownership as renting these properties out, covering mortgages and annual fees and turning a profit would require a rental price that would most likely not be competitive.
We at ECF of CF are licensed investment advisors, financial advisors and insurance agents and work with real investments. Being independent investment advisors we are not bound to recommend specific companies, allowing us to make recommendations from a large investment universe. We start with an analysis of your personal risk and then help you allocate to a variety of investments that suit your specific needs. Once the Timeshare Exit Pros help you exit permanently, we are able to redirect that freed up cash flow to put you on track to recoup some of those losses.