How to Find the Financial Advisor That’s Right for You
Choosing a financial advisor is a big decision and is not something to be taken lightly. To find the financial advisor that’s right for you, we recommend considering their qualifications, expertise, and experience.
Your advisor should hold a designation from an industry organization, such as the CFP® Board or the CFA Institute. You may want to research the advisor online to find out if they’ve had complaints filed against them or poor reviews from past clients.
Before you meet with the advisor for an initial consultation, consider what services are most important to you. Do you need help with retirement planning, finding the best way to invest an inheritance, or starting a business? You’ll want to seek out an advisor who has experience with the services you want.
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Our targeted questionnaire helps us understand your financial wants, needs and future goals.
We search our network of financial partners to match you with an advisor tailored to your preferences.
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Once we confirm your information, your advisor will be in touch to set up a complimentary, no-obligation consultation.
Most Common Reasons for Having a Financial Advisor
Is a financial advisor worth it? According to a MagnifyMoney survey, for those with a financial advisor, 95% believe it’s worth the money, with a solid majority (61%) saying they pay less than $3,000 annually for related financial services.
The most common reason cited for having a financial advisor was investment management (60%). Other common reasons included achieving financial goals (38%) and getting general financial advice (36%).
Frequently Asked Questions About Financial Advisors
The services financial advisors provide to their clients span from reviewing investments and managing portfolios to tax planning, estate planning and more. For many clients, the main reason to hire a financial advisor is to build and manage their investment portfolio. Advisors help their clients craft a portfolio that balances minimal risk and efficient growth. Your advisor can keep you informed on how much return you can expect from your investments and help you react to market volatility.
There are three main types of financial advising professionals: Certified Financial Planner™ professionals, Chartered Financial Analysts and Personal Financial Specialists.