How To Choose A Financial Advisor

Choosing a financial advisor is one of the most serious decisions you’ll make in your lifetime. To help you make the right decision, here are four simple questions you should ask:

  1. Do I like the advisor?

  2. Do I trust the advisor?

  3. Does the advisor have the right qualifications? 

  4. Does the advisor have the right kinds of experience?

Once you’re satisfied with answers to these questions, there are these considerations:

  • Will the advisor address all my goals - Individual, Family, Business?

  • Can the advisor provide all the services and products I may need?

  • What level of legal and ethical responsibility does the advisor have to me?

  • How is the advisor compensated? Will that compensation method reinforce a high level of service to me?

  • Will I be able to determine whether or not the advisor has given me my money’s worth in terms of time, effort and results achieved?