Ask them to explain their investing approach, and listen carefully
You should prepare a list of questions for a financial adviser before hiring them to manage your money. First and foremost, find out if they're a fiduciary who is required to operate in their client's best interest, regardless of how they're compensated. Next, find out how they're paid, what services are included, and how often they communicate or meet with clients.
You should prepare a list of questions for a financial adviser before hiring them to manage your money. First and foremost, find out if they're a fiduciary who is required to operate in their client's best interest, regardless of how they're compensated. Next, find out how they're paid, what services are included, and how often they communicate or meet with clients.
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