Deciding On An Expert Financial Advisor
For most young people today, who don't expect that government pension or security programs will be around in the future, deciding on an expert financial advisor will be a crucial decision to make. There's no getting around the fact that financial choices made when young can have a deep impact on the quality of retirement later in life, however soon or late that could be.
The above reasons, then, should illustrate why it's important to know a few things about how to go about finding an expert financial advisor. After all, this person is going to serve as a guide through potentially hazardous waters. So don't just land on the first person who pops up on a search engine after typing in "expert financial advice" or the like. The finance world is full of shady characters and double-dealers, so keep that in mind.
Always check on a planner's credentials, certifications and memberships in professional associations. No planner worth his or her salt will hesitate at providing background information. In fact, the good ones all encourage potential clients to look at their bona fides carefully before making a decision. Generally, any planner at one of the large financial services companies will have all these attributes.
This is not to say that only the largest companies have planners who meet all requirements, though. There are many independent advisors who are just as competent. Also, advisors and professional advisor firms always seek to make sure they're registered with federal or state securities bureaus and that they've properly filled out Form ADV Parts 1 and 2. The final copy of it can be viewed online at the Securities and Exchange Commission's (SEC) government website.
Trusting blindly to any financial advisor is not a recommended practice. Take the time to do a background check, and look to see if the advisor has had any run-ins with regulators or has received complaints from other investors. All of this information is freely available on the Internet and at the SEC's website. From there, any additional tips for finding an expert financial advisor can be easily obtained. - 23222
The above reasons, then, should illustrate why it's important to know a few things about how to go about finding an expert financial advisor. After all, this person is going to serve as a guide through potentially hazardous waters. So don't just land on the first person who pops up on a search engine after typing in "expert financial advice" or the like. The finance world is full of shady characters and double-dealers, so keep that in mind.
Always check on a planner's credentials, certifications and memberships in professional associations. No planner worth his or her salt will hesitate at providing background information. In fact, the good ones all encourage potential clients to look at their bona fides carefully before making a decision. Generally, any planner at one of the large financial services companies will have all these attributes.
This is not to say that only the largest companies have planners who meet all requirements, though. There are many independent advisors who are just as competent. Also, advisors and professional advisor firms always seek to make sure they're registered with federal or state securities bureaus and that they've properly filled out Form ADV Parts 1 and 2. The final copy of it can be viewed online at the Securities and Exchange Commission's (SEC) government website.
Trusting blindly to any financial advisor is not a recommended practice. Take the time to do a background check, and look to see if the advisor has had any run-ins with regulators or has received complaints from other investors. All of this information is freely available on the Internet and at the SEC's website. From there, any additional tips for finding an expert financial advisor can be easily obtained. - 23222
About the Author:
Find out how an Expert Financial Advisor can help with your Forex Trading. Make sure you sign up for John Eather's Free eCourse on Forex at http://www.moneymakingfxtrader.com now!
posted by X - Men @ 2:01 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home