What to Know Before Hiring a Financial Adviser

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This week, we talked to the XY Planning Network about the questions to ask and the steps to take before hiring a financial planner. We were joined by an awesome group of certified financial planners; including:

Questions We Discussed:

  • Q1: Why have many people never seen a financial adviser?
  • Q2: Why is seeing a financial counselor helpful? When is a good time?
  • Q3: What types of qualifications and experience should an adviser have?
  • Q4: What types of financial advisers should you avoid? Any warning signs?
  • Q5: What services do financial planners offer?
  • Q6: How are financial advisers compensated for providing services to you?
  • Q7: How can you make sure a financial planner is a fiduciary?
  • Q8: Where can you go online to find a qualified financial adviser?
  • Q9: How often does a person need to see a financial adviser?
  • Q10: Any final tips on how to find a great financial planner?

Featured Highlights on SlideShare:

Tweetable Tips:

People don’t plan to fail, they fail to plan! A planner will help you get it done. @WrenneFinancial

Look a financial adviser who is a certified financial planner (CFP). They’re licensed and regulated, plus take mandatory classes on different aspects of financial planning.

Tip for chat

Interview a few different people. There are many great planners out there, but it often comes down to a personality fit. @Sophiabera

Working with a Financial Planner is a relationship. Approach the search like you would a partner. @ErikOKlumpp


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