Whether you’re confused about how to handle money, got a cash windfall, or just want to know that you’re on track for a comfortable retirement, a financial advisor can help. But many people are confused about what advisors do and if they’re actually worth it.
While everyone’s situation is different, and not everyone needs a financial advisor, it’s important to understand the services these professionals provide. So, I turned to a fellow podcaster and former advisor for insider tips.
In my interview with Joe Saul-Sehy, creator and co-host of the popular Stacking Benjamins podcast, we discuss key points you should know about working with a financial advisor. As a 15-year industry veteran, Joe’s shares many insightful and somewhat surprising tips.
Here are some of the topics we cover:
- What a financial advisor actually does for you
- Different types of advisors and fees they charge
- Whether you’re a good candidate for working with a financial advisor
- Key questions to ask a potential financial advisor
- What the reception area of a financial company tells you about a potential advisor
- Where to check the background of a financial advisor
- Online sites to find a great financial advisor
This article was originally published on Quick and Dirty Tips.