Meeting with a Financial Adviser

8 Tips for Meeting with a Financial Adviser

Comment: Good read. Two of the 8 points with my comments below

Prepare to share your numbers. You should figure out how much money you have and estimate how much you are spending. The more details you have on your numbers, the better someone else can help. It's nearly impossible for an adviser to give appropriate and specific advice if he or she doesn't know the total assets you have.

Comment: We were well prepared and willing to provide a balance sheet, income and expense statement, tax statements, etc.

Find out how the adviser is paid. Figure out whether you are more comfortable with an adviser who charges you an hourly fee or a percentage of your overall assets.

A good financial advisor is worth the fee. Ours is able to invest commission free into loaded funds that would have up front fees otherwise.

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