Broker Check

Practical Planning Tip: How to Choose a Financial Advisor? Focus on Process!

June 03, 2024

Today we will discuss the importance of the advisor having a PROCESS when working with clients: 

It’s important to find an advisor who can look at your entire financial picture holistically. This means they take the time to understand your goals. They can also discuss how various other aspects of your financial life, including taxes, estate planning, insurance, and investments, interact with each other. After considering these points, they can offer you options for ways to achieve your objectives.

Keep in mind, If someone is offering you solutions BEFORE they take the time to learn and understand what the investor is looking to accomplish, they may be looking out for their own interests and not yours. There is no FINANCIAL PRODUCT that is the solution to everyone’s pain points. That is why it’s important to determine the PROCESS the advisor uses to understand your goals and parameters, as well as coming up with the correct solution for your family.

If you meet a product pusher, run the other direction!


You can WATCH the full video here.