Your Financial Strategy Planner should always be able to answer your questions, especially when you are trying to find the best places to store and grow your money.

1. Questions you should ask your
financial advisor
Presented by:
Ezzat Daniel Nesseim

2. When it comes to how to handle your hard-
earned money you just can't be too careful.
Many a person has put all of their trust and
savings into the hands of an advisor who may
not have had the expertise or knowledge as to
the best way to handle the funds. In an instant,
you could find yourself having to start all over
again. One bad investment or decision could
wipe out a lifetime of savings.

3. As a financial advisor Ezzat Daniel Nesseim
says when you are considering the services of a
financial advisor, there are some important
questions you should ask before you entrust him
with your money. It is better to be well-informed
before you hire him rather than sorry later that
you did.

5. Is this advisor a fiduciary? In simple terms, a
fiduciary is someone who will put the best
interest of his or her client above his benefits. A
beneficiary has to tell you ahead of time how
much he charges for his services. Also, they
have to tell you how they earn their money and
let you know if they have any potential conflicts
of interest that would prevent them from
offering you comprehensive and fair services.

6. Ezzat Daniel Nesseim says you should ask
about this financial advisor's experience. Don't
be afraid to ask about his schooling, degrees,
certifications, and licenses. There are many
degrees of knowledge that a financial advisor
could achieve to make him even more valuable
in his profession.

7. After passing a 10-hour exam, an advisor can
move up to the title of a certified financial
planner or CFP. The more knowledge and
expertise your advisor has, the more well-
informed decisions he may make on your behalf.

8. Find out upfront what this advisor charges and
how he bases his fees. It's best to know from the
start if there is a base fee to set up your
portfolio. You should also know if you will have
to pay based on a percentage of your assets. If a
financial advisor receives a commission on
certain products, it will be to his advantage to
sell them to you but not necessarily to your
advantage to purchase them.

9. Find out what kind of approach he has towards
investments. This is an important question
because you want someone who is on the same
page as you are. If you are a conservative
investor who is willing to wait patiently for your
funds to grow you should not be paired up with
a risk-taker who is looking to reap large rewards
quickly. Sometimes this tactic works but when it
doesn't it could be devastating.

10. Will this person be your dedicated financial
advisor or does he work for a company, where
you will be subject to different advisors as time
goes on? You want to work with someone you
trust and once you establish a solid relationship
you will feel more secure in working towards
the same goals.

11. Thanks!!