As 2020 kicks off, we wonder if you might be looking for a financial advisor to help you better manage your wealth? Be better prepared for your first meeting with these questions you have to ask before hiring her/him.

1. 10 questions to ask a
financialadvisor before
selectingthem as your
advisor…
Presented by ClaudiaWeisser B.Comm, FMA,CIM®,
Senior Investment Advisor

2. 1. Who areyou?
• This is one ofthe simplest questions you can ask a financial advisor early in yourconversation with them.
• The answer will help reveal the mostearly on about whoyou areconsidering toprovideyou with :
• Financial advice;
• Consulting;
• Future financial strategies.
• The answer will open adiscourse where you will naturallyfeel (or not feel) a level of comfort.

3. 2. What kind ofadvisor areyou specifically?
• This question will help answer if the person has all of the background criteria you arelooking forin a financial advisor
and/or
• help you better understand exactly in which financial areas the advisor is well specialized.

4. 3. What is yourbackground?
• You should check if yourfinancial advisor hada solidanddemonstrable track record of education & familiaritywith the
markets inner workings.
• In addition ask the person’s work history…especially in how it relates tofinance!

5. 4. Do you offer otherfinancial servicesoutside the main scope of yourregular
financial services?
• This question will allowyou tounderstand how you will receive additional financial services from the greater company
that the consultant you areconsidering works for
• The answer will highlight the resources ofthe company backing the financial advisoryou areconsidering

6. 5. Whocomes first, me, you oryouremployer?
This question help you assess the passion and integrity ofthe person todeliver on their advice one way oranother.

7. 6-What type ofclients do you work with?
This question can be revealing tohelp you assess if you arethe ”typical”type ofclient the advisor has regularly worked with or
not!

8. 7- What areyourreturns?
Asking this question will open the discussion toexpectations you should haveand that will likely be set.

9. 8- How will I know if my financial plan is working or not?
By going over yourplan with yourconsultant at regular intervals established between all partiesconcerned.

10. 9- How will we work together?
You want to know that you can easily schedule a meeting if ever you have a questions or concerns that you feel require an
answer directly.

11. 10- What’stheguarantee?
This question help paint a better picture ofaexactly how professionally set up the financial advisorandtheir affiliate company
are.

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