How To Find the Best Financial Advisor for Your Need
There are, quite literally, hundreds of thousands of people who say they provide financial advice. Many call themselves financial planners. Financial advisor and financial planner are terms used very loosely by advisors and their firms.
Do I Need a Financial Advisor
To answer that question, you first need to decide what help you need in managing your finances. What kind of financial advice are you seeking?
Here are four traits we believe your financial advisor should have:
-Independent -Experience -Quality -Fee Structure
Services a Financial Advisor Should Offer
– Free initial consultation – Goal setting – Cash flow and net worth analysi – Retirement expense analysi – Retirement income analysi ETC.
Financial Advisor Compensation
-Commission only -Fees and commission -Fee-only
What Type of Financial Advisor?
-Robo Advisor -The Traditional Financial Advisor -A Virtual Financial Advisor
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