A 10-Point Plan for Money (Without Being Overwhelmed)

March 18, 2018

Financial

Comments Off on A 10-Point Plan for Money (Without Being Overwhelmed)


How to Choose the Best Financial Advisor

There are always protocols to be followed in getting the best financial advisor. Friends and family can always refer you to successful financial advisors they have worked with in the past. There are things you should look out for to ensure that your Jon Moulton Edison Risk financial advisor will deliver. You should get to know how often your financial advisor will be available to meet you. Your financial advisor should let you know if they will be available to meet you often so as to discuss financial matters based on your needs. Your financial advisor should always refer you to reliable members of their staff whenever they are not available to meet with you in person. You should always let your financial advisor know if you are only willing to discuss your financial needs with them.

The other thing you should ask for after meeting with your Jon Moulton Edison Risk financial advisor would be samples of financial plans. Your financial advisor can always refer to their records and provide you with a financial plan sample. The sample should be your road map towards achieving your financial goals.

Always ensure that you discuss into details the type of payment that will be used in compensating your financial advisor for their services. There are many payment methods for your financial advisor to choose fromThe first method is where a financial advisor gets a commission based on their work. The second method is where a financial advisor is compensated by a certain percentage of the total wealth under management.

It is also important to ensure that your financial advisor has a college degree about financial planning. Your financial advisor should have passed all the tests and gained a lot of knowledge on financial planning. Your financial advisor should have dealt with cases similar to yours in the past and have a successful track record. Ensure to ask for a list of current and previous customers that your financial advisor has worked for so as to inquire about the credibility of their services.

A financial advisor who has a lot of clients may not be in a position to meet with you often. A good financial advisor should be flexible. A financial advisor who is willing to meet you at your home may save you the hassle of having to travel long hours in order to meet them. Meetings held with your financial advisor at their office would save them from carrying loads of paperwork to your house.

A financial advisor who can handle other areas of finances could be of great assistance.. You can never go wrong with a financial advisor who is competent in all financial matters.