How to Choose a Financial Advisor

Know the duties and responsibilities for your advisors and managers

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How to Choose a Financial Advisor

Can We Find All This in an Ordinary Stockbroker?

Many folks rely on their stockbroker as a financial planner. My wife and I had a stockbroker who was an excellent financial advisor and served our needs well. When she was 55 years old, a big-name brokerage firm recruited her with a nice incentive plan. As part of her contract, she insisted that she be allowed to recommend whatever products were right for her clients. She didn’t want to be required or pressured to sell the company products. She was so good and had such a large client base (no wonder) that the company agreed to the deal.

So yes, they are out there. If you’ve found someone similar, there’s no need to mess with a good thing.

My real message is simple. Many of the investment products a good professional advisor can offer are incredibly complicated. They truly need to be tailored specifically to an individual’s needs. You and I might both need glasses, but our prescriptions are probably quite different, and only a real doctor can prescribe the right lenses. The same holds true for an advisor recommending financial products.

The Money Forever team is here to help you sift through the rubble and find the exceptional advisors. If you’d like to receive more information on how to find an advisor to prescribe the right financial solutions for you, please check out our new report, “The Financial Advisor Guide.” If you are not already a subscriber, you can still get your own copy HERE.


Article printed from InvestorPlace Media, http://investorplace.com/2013/05/how-to-choose-a-financial-advisor/.

©2014 InvestorPlace Media, LLC

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