Questions to ask your financial advisor

You have every right to question your financial advisor.

What if we told you the financial services industry is primarily focused on creating fear for investors?

They (financial advisors) are trying to get you to buy something they think you need.

We want to help you recognize if you are dealing with a salesperson or a fiduciary. We are providing you questions you can ask your financial advisor.

The Fiduciary Standard

How to Identify a Fiduciary

Questions To Ask Your Advisor

You should not only ask these questions, but request they put their answers in writing.

1 – How exactly are you paid?

2 – Will you as the advisor have investment discretion?

3 – Who ultimately chooses the investments my money goes into?

4 – What happens if you are unavailable or if something happens to you?

5 – Who else gets paid?

6 – What is your investment selection process (in detail)?

7 – How often are the investments in my portfolio reviewed and how often is my account worked on?

8 – What is your investment review process?

9 – What is your account review process?

10 – Do all of your clients have the same portfolio/investments?

11 – How do you manage the investment portfolios?

12 – How many accounts do you currently manage?

13 – Do you specialize in investing or in financial planning, and if both, how do you have time to handle both responsibilities?

Printable Version

It’s your money and life!

Remember, financial planning is not buying stuff – that’s what garage sales are for!

Did you know we host a podcast called Ditch the Suits?

“Ditch the Suits” is a play on words. We ditched the mainstream financial services industry, where wearing suits was the expection in order to seek a better way a to serve our clients.

We believe you may also want to consider ditching the suits as well!