Business
Looking for a financial advisor? Watch this FIRST! Here's how to find a financial advisor you can trust . . . a FIDUCIARY financial advisor who will put your best interests first and foremost. You can find the full blog and links to downloads at RetireWire.com - just type in "how to find a financial advisor you can trust" in the search box. Finding a financial advisor is easy, learning how to find a financial advisor you can trust is not easy. In this webinar, I break down the 5 steps to finding a financial advisor you can trust. 1. Find a fiduciary financial advisor. A fiduciary standard of care is the gold standard. A suitability standard is a very low bar to cross. 2. Learn how are financial advisors paid. There are commission financial advisors and fee-only financial advisors. Fee-based financial advisors take fees AND commissions. 3. Expect the right credentials such as the CERTIFIED FINANCIAL PLANNER designation or the Personal Financial Specialist designation. Additionally, make sure you're working with a financial advisor that specializes in what you need for example college planning, or divorce planning. 4. Use resources like the National Association of Personal Financial Advisors or the Garrett Planning Network to search for qualified financial advisors. 5. Interview them! I list some financial advisor interview questions and link some great financial advisor questionnaires for you to take to the interview.