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Questions to ask any Financial Advisor you are planning to interview
- Are you CFP®?
- How long have you been advising clients in the financial advisor role?
- What kinds of conflicts of interest exist with the advice you give your clients? (examples could include sales incentives, sales trips, proprietary products, revenue sharing agreements, etc)
- If the market was reacting sharply higher or lower how long would it take you to place trades across your entire client base?
- How many clients do you serve and how does their situation compare to mine?
- What kind of proactive service model do you promise to provide?
- Do you incorporate tax planning in your recommendations?
- How would you coordinate with my CPA and attorney?
- Do you offer comprehensive financial planning or just investment management?
- Could you outline your planning process?
