Tips For Finding A Financial Planner
Getting good advice on how to plan for your financial future is vital, but finding a financial planner who you can trust and who will take the time to figure out what is best for you and your particular circumstances is a tricky business. At the very least, consider some of these tips for finding a financial planner before you sign up to anything:
- Get some recommendations for good financial planners from your friends, family and your accountant. This is infinitely better than just searching through the Yellow Pages but if you don’t have anyone in your area to ask, then get online to see if there is a forum giving some unbiased recommendations.
- Think about what your financial needs are - for example, are you mostly interested in creating a retirement portfolio - and try to find a financial planner who is more specialized in your area of need.
- Meet with two or three at least - an introductory meeting should be free - so you can find someone you feel more comfortable with.
- Ask about how they get paid - whether it’s by commission, flat fees or fees based on your assets you invest through them - so that you can make more informed decisions about the investments they recommend, and so you don’t get any nasty surprises later.
This entry was posted on Friday, January 16th, 2009 at 3:07 am and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
