Finding the right financial advisor can help you manage your money better !


Finance is a very significant factor and to take care of them is another issue that needs proper handling and your personal attention. While many of you would definitely find someone professional, little would you give a thought about how successful advice a financial advisor has been giving around to people?

1 Considering factors

It’s a very comprehensive matter that simply does not deal with just the taxes or the investment.  It deals with children’s education funding, inflation, insurance, loans, estate planning, retirement and many more factors. All these factors need to be considered when a financial investment is taken care of by your advisor. Therefore, choosing the right advisor is not as easy as you think it is as there are hundreds of them with degrees in finance and a little experience.

2 Are the knowledge and qualification enough?

Unfortunately, it is not. There are professionals who are dropouts and now have rented a small office and may be passed a course in finance, but that is not enough! Here the situation is theoretical that is based on books, but real life financial situations are different. Choose someone who does not advise you based on his syllabus. It must be practical, and they should have answers for your issues. Nothing that worked ten years ago will work today. Financial situations change every few months, and every advisor should be aware of the changes that are going around and what is now a good investment field may not be good the next year.

3 Advice according to need or custom designed

You know that every person has a different financial situation, so if the advisor has plans, according to your financial position, then you will receive good advice. The investment should meet different goals and invest in resources that will be beneficial in the future. Yes, everyone wants security, but the goals are different.

4 Does the Financial advisor tell you about risk management?

Every sector comes with a risk factor, and one simply cannot deny the fact. Well, there is real estate that cannot stay the same, the interest can also have its ups and downs, stocks and shares have their own characteristics. The advisor should first put forward the risks that are related to the field that they choose for investing. It becomes easy to calculate the risk when you are faced with it as you have a plan to back up, and you are not in the dark while you are investing. You should be able to get the facts right from the advisor who does not just see his commission that he would get if he helps to buy the stocks or even real estate.

5 Check facts and reviews

Of course, you will be taking his advice on crucial investment, but will you also go to other clients who are happy with his services and have got better results? Well, you have to meet people who have been his clients and check for success results as this will give you a clear picture about all the factors that you should consider.

  1. Tracking investment

Yes, this is important. Once you have hired an advisor, you should get to track how your investments are growing. Are they safe or getting risky? Chances are, you can take away your investments back if you are not happy and play safe. However, this advice is only given by your advisor, if he is, of course, someone who can understand your needs and handle your finances.

  1. Experience is crucial

Of course in every field experience counts and that is not just how many years the financial advisor has been working, but how strong is the record that the advisory is showing you. Are there any facts saying that he was of any help to other clients and a chart showing if clients have a great increase in their investments and they are showing great results.

  1. Trust

There are many Financial advisors out there or even salesperson who can talk easily and even convince the person. However, there is a line called trust, and that is very important. You should be easily able to trust the advisor’s abilities, his decisions, and his capabilities. This only takes place when you have checked his credentials, the way he produces results and of course he considers how important your money is to you.

  1. Ask questions

If the financial advisor is talking a lot, ask him to pause and start asking questions that are troubling. Remember, it is you who is investing your hard money and not he. So, it is better, you clear your doubts and ensure that you are satisfied with his answers. Most of the time people do not ask questions as they think that the plan chalked out by professionals is the best one for them. But, if you have any doubts it is important that you clear them out.

  1. The fees

When you have found one financial advisor who you can trust, do a little homework to check how he will be paid. There are many ways that they get paid, and if the method suits you, you can continue with it. The fee is based on a percentage or commission or paid quarterly or other methods.

A good financial advisor can set the right direction for your money and help you grow it exponentially.




7 thoughts on “Finding the right financial advisor can help you manage your money better !

  • October 4, 2017 at 12:48 pm

    Thanks for your posting .
    Keep posting like this is very helpful For us
    I have found something new in this Article.

  • October 4, 2017 at 4:22 pm

    Hello Himani,

    Thanks for liking the post.

  • October 7, 2017 at 3:20 pm

    Thanks for sharing Interesting post.Great job!! You have a nice article. I will be back alot Good luck with all you do!

  • March 11, 2018 at 9:42 am

    When money talks it’s really hard to trust not just anyone…so we need to be careful, I like the idea of having a financial advisor…

  • July 14, 2018 at 4:43 pm

    I am really happy to say it’s an interesting post to read . I learn new information from your


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