6 Questions to Ask Before Hiring a Financial Advisor

6 QUESTIONS To Ask Before Hiring a Financial Advisor Question 1 Question 2 What type of education did they receive? What certifications do they hold? *There are a couple certifications financial advisors can have. Some examples are: -CFP (Certified Financial Planner) -CIMA (Certified Investment Manager) -CFA (Certified Financial Analyst) *Does he or she have an advanced degree in business or finance? Question 3 Question 4 What do current and/or past clients have to say about them? What services do they offer? *Ask your prospective advisor for references to help determine if your advisor will do what he/she promises. *Not all advisors do everything-make sure the one you choose provides the financial services you need. Question 5 Question 6 What information will they provide to show their advice is working? How does payment work? *Make sure your financial advisor can provide a way for you to asses their performance. *Some advisors are paid by the hour, others have a flat monthly fee and others charge a percentage of assets under management. %24 SANCTUARY WEALTH EMPOWERED http://www.foxbusiness.com/investing/2015/03/10/3-questions-to-ask-before-hiring-financial-advisor/ http://www.investopedia.com/articles/investing/073114/5-questions-ask-hiring-financial-advisor.asp http://www.forbes.com/sites/janetnovack/2013/09/20/6-pointed-questions-to-ask-before-hiring-a-financial-advisor/ http://money.cnn.com/2015/01/27/retirement/financial-adviser/