Do you feel like you don’t know how to hire a financial advisor that will get the results you need?
Or do you already work with a financial advisor but don’t completely understand what they are doing with your hard-earned savings?
Or do you just want to make sure your advisor is doing a good job for you but you’re not sure how to tell?
If you resonate with any of the above issues, you’re going to love my Financial Advisor Checklist.
It hit me one day that my list could be a valuable resource for other women who feel intimidated or overwhelmed by the whole process of evaluating, hiring or working with financial advisors.
Here’s how my list came to be.
During the almost 40 years that I have invested for my family, I developed a checklist that I used when considering an investment advisor so I could remember all the important questions when we met.
Some advisors I used over the years worked out while others didn’t…and I wished that I had known these same questions to ask, and understood the answers, from day 1.
Let’s face it: Wealth management is not cheap. In fact, it costs most investors thousands of dollars every single year, and tens, if not hundreds of thousands of dollars over the years.
But more importantly, it is the reality that using a financial advisor who does a bad job can destroy your life savings!
So here, is my personal list of questions to ask financial advisors. Grab the list by entering your email and name in the box below so I can email it right to you.
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If you want me to help you hire or work with a financial advisor with confidence, Click here to make that happen or keep reading…
If you have money that is already invested or ready to be invested either by you OR a financial advisor but you don’t have the confidence to move forward or evaluate the performance results, you need some basic knowledge so that you can confidently invest or hire the right person for the job.
- Have money invested in a 401K or other account but don’t understand what you own
- Know you want to hire an advisor but don’t know what you should consider in choosing the right person
- Have an advisor but don’t know what or how you are paying her or if they are doing a good job
- Live with a constant nagging feeling that needs to take action to grow your money, but you want to feel more confident and in control, because you really are afraid of losing the money you do have.
- Have another family member overseeing your investments now, but you feel dependent and thus, unsettled about this.
- Have enough wealth to hire a financial advisor, or work with one already (maybe a family friend or relative), but you lack confidence in your dealings with this person that you have completely entrusted with your financial future.
- Aren’t sure what questions to ask your financial advisor, and whether you should even ask questions because you may not understand the answers so you pretend to follow the conversation (And…the lingo in the answers may feel complex and intimidating!)
What You Need Now
Knowledge gives confidence, so you need someone who is not trying to manage your money or sell investment products to familiarize you with those important basics so that you can make smart and empowered decisions. You need unbiased information delivered in a straight forward and jargon-free way that feels comfortable so that you can then apply that information to confidently make investment decisions, and then monitor and evaluate the results you are getting from your money.
I can help you more from this to confidence and clarity. Learn how here.