Guest Writer: Greg Hildebrand – Honor Financial Group Financial Representative
The decision to trust someone with your hard earned money is very
personal. And since you’re basically
hiring someone to provide expertise that you don’t have, it can be tough to
sort out the good expertise form the fluff.
Whether you’re looking for a financial advisor on your own, or are
referred by a loving uncle, consider these tips before you begin your
relationship.
·
Customization – Your
needs are unique and your investment strategy should be too! Make sure your advisor takes the time to
understand your personal goals in order to recommend a customized plan.
·
Compensation –
Consider an advisor who charges a fee for services rather than commission-only
sales from stocks, insurance, or other types of investments. This helps ensure that they are working to
grow your investments not profiting primarily from sales.
·
Experience – While
it’s a good rule of thumb to look for at least three years of experience
working as a financial advisor, be sure to ask what type of investing your
advisor is most experienced in to ensure it is a good match for your goals.
·
Investment
Approach – Every investor is unique. So
make sure your advisor’s investing philosophy isn’t too conservative or too
aggressive for your investing style.
·
Accessibility –
Regardless of how much you have to invest, your financial advisor should be
working with your best interests in mind.
Whether you prefer to meet monthly, quarterly, or even yearly to discuss
your portfolio, if you have questions your advisor should always be available
to give you answers.
If you have questions and would like to meet with a financial advisor,
Honor Financial Group is a great first step.
Give us a call to set up an appointment today. And, don’t forget to follow Honor on Twitter
@honorcu! Tweet us and let us know what
you want to hear us talk about on Mason Jar Monday next week using #askhonorcu!
Securities offered through LPL Financial, member
FINRA/SIPC. Insurance products offered through LPL Financial or its licensed
affiliates.
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