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