3200 North Central Avenue,
Like most people, you have hopes and dreams and life goals for yourself and your family. These might include buying a home or business…saving for a college education for your children…taking your dream vacation…reducing taxes or retiring comfortably. Financial planning is the process of wisely managing your finances so that you can achieve your dreams and goals – while at the same time helping you negotiate the financial barriers that inevitably arise in every stage of life.
Managing your personal finances is ultimately your responsibility. However…you don’t have to do it alone. A good, qualified and responsible financial planner can help you make decisions that make the most of your financial resources. When choosing your financial planner, you have a lot to consider and the same care should be taken as in selecting the services of any other professional.
Q. Tell me about your background and experience. Does the advisor have a general education or training that is specialized in this field? Does continuing education occur to stay up-to-date on investment changes.
Q. How long have you been in the business and in the community? good rule of thumb regarding experience is five or more years of previous experience. It is always safer to deal with those individuals you either know or can check through reliable references.
Q. Who will be handling my account? If most day-to-day work is handled by an associate or assistant, meet and check out that person as well.
Q. Can I have samples of plans you have done for others and can I see the reports you use to monitor accounts? Find out how these reports will make sure that you are staying on track and meeting your goals and objectives. How often can you count on follow-up visits.
Q. How exactly are you compensated? Advisors are paid in one of four ways: by fees only, by fees and commissions, by commissions only or by a percentage of assets under management.
Q. Have you even been disciplined for unlawful or unethical business practices? If the answer is yes, say goodbye.
Q. Will I always be able to get your suggestions and recommendations in writing? If the answer is no, say goodbye.