What does a financial advisor do?
Great Question!
A financial advisor provides personalised advice on managing your money, including investments, insurance, savings, retirement planning, and more. Think of a financial advisor like a personal stylist for your money, helping you choose the best financial strategies and investments tailored to your life goals!
A few things to remember about getting financial advice.
Many good financial advisers offer a free 15-minute consultation! This quick chat helps you see if they’re a good match for you and lets you get the lowdown on their fees, which can range from $3,000 (for younger clients, simpler needs) to $15,000+ (for retirees with bigger balances, and complex needs).
Questions to ask a financial advisor!
1. Are you or your employer free from financial links with any products you recommend?
2. Can you recommend any investments or do you have a limited list that you choose from?
3. How will my investments be managed and how are investment products selected?
4. What is the risk attached to the products you most commonly recommend?
5. How much access will I have to you and how often will we meet?
6. What are your expectations for future review services?
7. How much do you charge for your services and how are your fees structured?
8. What is not included in this charge? Are there other fees/charges I should expect? Will I be charged a flat fee regardless of how much wealth I accumulate?
9. Are you registered as a financial advisor? What are your qualifications and experience?
10. How long have you been advising people in my position?
The information provided on our website or at this seminar, online course, event, webinar or workshop is general in nature and is not personal financial product advice. Read Full Disclosure Here.
