Top Questions to Ask an Advisor Before You Sign On

Keep it Simple

When you’re looking for a financial advisor, you are trying to find someone to trust with your hard earned money. Do a little research before you interview a potential advisor so you know what your investing philosophy is to find an advisor that matches your view. Really get to know your potential advisor’s qualifications and reasons for being in the business.

Having up front conversations between clients and advisors is imperative to prevent unnecessary road bumps along your investment journey. Asking the questions below will allow you as a client to find an investor that matches your investment philosophy and allows advisors to see if potential clients fit with their firm’s investment strategy. Connect with the team: [email protected] assetbuilder.com/podcast

[00:00] Intro

[00:29] Things to ask your financial advisor

[03:43] What is your investing philosophy?

[08:27] Do you use technical analysis?

[11:16] Do you use market timing?

[15:36] Why are you in this job?

[21:09] Are you a fiduciary? What are their qualifications?

[22:57] Why do you feel you need a financial advisor?

[26:48] What is the biggest frustration with other advisors?

[27:32] How did you respond emotionally to the bear markets?

[32:11] Where should I be in a year?

[37:27] The most common question from potential comments

[40:51] Book recommendations and wrapping up

[42:20] Closing things out