Wednesday, April 17, 2013

Are You Dealing With A Real Financial Advisor?

Carl Richards, a contributing author to the New York Times and the Director of Investor Education at BAM ALLIANCE, posted a short list of indicators that you are working with a real, qualified financial advisor. I thought the list was worth re-posting. You can follow Carl on twitter here.

  1. A real financial advisor is a professional with a demonstrated commitment to eduction: CPF, CFA, CPA/PFS, etc.
  2. A real financial advisor is clear and open about potential conflicts of interest.
  3. A real financial advisor only gets compensation from the clients they work for, not from product vendors.
  4. A real financial advisor listens more than they talk, taking the time to diagnose before prescribing.
  5. A real financial advisor is pretty boring, able to stick with a disciplined plan over a long period of time.
  6. A real financial advisor is someone you trust (of course while verifying).
  7. A real financial advisor puts your interests first. Period.

2 comments:

Hubert Hynowski said...

Hello Lon,
I have really enjoyed reading through your blog. You have really made it a good platform to promote yourself and your services. I think I could help to promote your blog further by exposing it to a fresh audience if you are interested?
I am looking for quality blogs to include into our community of bloggers - glipho.com
Please check us out and drop me a line at hubert@glipho.com for any questions.
Best!
Hubert

france pope said...

good post.....I appreciate yor way of writing that make the blog attractive and make reader to hold longer to your blog.
certified financial planner lynnfield ma