Don’t be afraid to ask if they can refer you to someone who may be better able to assist you if your advisor doesn’t have experience in the area you need. Financial advisors who offer the services you require help provide financial security and peace of mind. 2. What Is Your Investin...
, you need to ask questions to know if an advisor is competent, if they are right for you, and to clarify their approach to managing your financial future. in my experience, some clients are better at asking such important questions than others, but i always encourage everyone to ask them...
As an investor seeking a financial advisor, you probably held multiple meetings prior to making your selection. You may have even searched the Internet for the best questions to ask a potential advisor. And ultimately, you made your choice. But now what? You have trusted your hard-earned asse...
Find A Financial Advisor via Zoe Financial Paid non-client promotion First, what type of financial help are you looking for? I just need to get started investing for my financial goals. A robo-advisor may be the best fit if you're just starting out or only need investment management. For...
12 Important Questions to Ask a Potential Financial Advisor When searching for a financial advisor, you should ideally have two or three potential advisors in mind. While it may seem awkward or intrusive, a phone call to ask the following questions will go a long way in determining whether you...
In 2023, we learned the importance of being prepared for anything. As you meet with your advisor to review your progress toward your financial goals, these four questions can help you identify areas of your financial life that may need more attention, and others that could benefit from adjustme...
(Read more:Even Skilled Investors Can Use a Financial Advisor) For investors unsettled by the unrest in the bond markets and the performance slide in emerging market bonds in particular, here are five questions you need to ask your advisor, and of yourself. You'll probably find that amid vol...
4. How do I reduce my taxes? Your financial advisor should be able to help you to monitor taxes. It would also be helpful if they use a strategy that would minimize taxes. Their job should be to examine your tax returns regularly. ...
Another way to ask this question is, “Who is the custodian of my money?” A third-party custodian, usually a brokerage firm or bank, should hold your funds rather than your financial advisor. We recommend Fidelity, Vanguard and Schwab as third-party custodians, three companies with trillions...
Any financial advisor’s certifications, credentials, and licenses should be the first thing you should ask for. These are credible indicators of their experience and expertise. Certified financial planners (CFP) and chartered financial consultants (ChFC) are two special designations that require an ...