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How to pick the right financial advisor


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If you are looking to hire the right Financial Advisor there are a few questions you need to ask before you make a decision.

Published in: Economy & Finance

How to pick the right financial advisor

  1. 1. Five questions to ask a potential financial advisor Matson Money
  2. 2. Choosing the right financial advisor • The right financial advisor will make the best investments for you in the long run • Financial stability should be your goal • There are five questions you should ask
  3. 3. 1. What is your investment philosophy? • How does the financial advisor react to the market? • Does their philosophy align with yours? • Don’t gamble your investments
  4. 4. 2. What are your credentials? • Don’t be afraid to ask about the credentials of the financial advisor • There should be a good combination of education and licensure • This will allow the advisor to make educated decisions on how you should invest
  5. 5. 3. How much do you charge for your services? • Knowing how much the advisor charges is crucial, since you are trying to save money • Do they have n initial planning fee? • Always get in writing what you are expected to pay for the services promised
  6. 6. 4. What is your typical client profile? • Every investment and client will be different • Does the financial advisor’s experience coincide with your own profile? • Make sure they have worked with clients who have had similar interests to your own
  7. 7. 5. What makes you different from every other financial planner? • Do they have a specific case that can display how they can make you money? • Do they have great communications skills? • Do they have the experience to separate themselves from the rest?
  8. 8. Making the decision • While some of these questions can be common sense they are all important • For more information on Financial investments check out our blog: 2015/08/27/five-questions-to-ask-a-potential- financial-advisor/