What to Know Before Hiring a Financial Adviser

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This week, we talked to the XY Planning Network about the questions to ask and the steps to take before hiring a financial planner. We were joined by an awesome group of certified financial planners; including:

Alan Moore: co-founder of XY Planning Network:
Katie Brewer: CFP®, founder of Your Richest Life Planning
Daniel Wrenne: CFP®, founder of Wrenne Financial Planning
Mary Beth Storjohann: CFP®, founder of Workable Wealth
Sophia Bera: CFP®, founder of Gen Y Planning

Questions We Discussed:

Q1: Why have many people never seen a financial adviser?
Q2: Why is seeing a financial counselor helpful? When is a good time?
Q3: What types of qualifications and experience should an adviser have?
Q4: What types of financial advisers should you avoid? Any warning signs?
Q5: What services do financial planners offer?
Q6: How are financial advisers compensated for providing services to you?
Q7: How can you make sure a financial planner is a fiduciary?
Q8: Where can you go online to find a qualified financial adviser?
Q9: How often does a person need to see a financial adviser?
Q10: Any final tips on how to find a great financial planner?

Featured Highlights on SlideShare:

Tweetable Tips:

People don’t plan to fail, they fail to plan! A planner will help you get it done. @WrenneFinancial
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Look a financial adviser who is a certified financial planner (CFP). They’re licensed and regulated, plus take mandatory classes on different aspects of financial planning.
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