Finding a Financial Advisor

When searching for advisor, make sure he/she is registered and holds a fiduciary status.

Being a fiduciary means the advisor is required by law to keep your best interests at heart and to place client’s interests ahead of their own.

Is he/she fighting on your behalf to make investing your money safer and more transparent for you?

Among the services I provide to Private Clients and Families is “finding a financial advisor”. This is the 3rd post on the subject though the heading for this one should really be what to do BEFORE appointing a financial advisor.

If finance is your thing, you are already subscribing and reading about investing and you are financially literate about investing.
If you are not into finance do not start your search to find a financial advisor before reading about investing from independent and experienced financial advisors.

We all need to deal with professionals – Accountants, Doctors, Lawyers, Estate Agents, Notaries. When choosing or reappointing one, do so wisely. Choose professionals of the highest ethics, philosophy, and they must obviously be able to understand what you need, rather than selling to you.

They have to understand what you as a client needs. Not taking something that is already in the back of the drawer, they have to “tailor make” a solution for you.

Get into the habit of you too making the selection of your advisor based on your needs. To achieve that you need to have your questionnaire ready.

Do not be shy.

If the Advisor feels offended, then diplomatically walk away.

#investing #finance #money #financeadvice #risktolerance #fiduciary