Selecting an Advisor
When you’re sitting across the desk from your financial planner, you need to:
- Know that they’re well qualified to be advising you
- Be able to understand what they’re talking about and why it’s important to you
- Trust that your best interests are their first and only priority
- Be able to rely on them to respond when you need advice fast
Questions you may want to ask us or any other financial advisor include:
- What are your qualifications?
- What experience do you have?
- What services do you offer?
- What is your approach to financial planning?
- Will you be the only person working with me?
- How will I pay for your services?
- How much do you typically charge?
- Could anyone besides me benefit from your recommendations?
- Are you regulated by any organization?
- Can I have it in writing?
- How will the recommended strategy help me reach my retirement goals?
- What risks are associated with the recommended strategy?
- How much will the recommended strategy cost me now, and in the future?
- Why are you recommending this investment?
- How does this investment fit with my retirement plan?
- What is the performance record of this investment?
- Are you receiving fees for the sale of this investment product? If so, how much?
- Will this investment alter my asset allocation?