FINANCIAL ADVISER

5 QUALITIES YOUR

should Possess

A FINANCIAL ADVISER (FA) 

As defined by Investopedia,

QUALITIES OF A FINANCIAL ADVISER

provides guidance to customerfor compensation.

A GOOD FINANCIAL ADVISER:

gives honest assessment.

QUALITIES OF A FINANCIAL ADVISER

puts client's sake before commission.

To put you more at ease, here are more traits your FA should possess:

Proficient on their job.

QUALITIES OF A FINANCIAL ADVISER

Have the right certificates to back them

up.

The years of experience is

commendable.

QUALIFICATIONS

QUALITIES OF A FINANCIAL ADVISER

INTEGRITY

Adheres to fiduciary standards.

A clean record is a partner in deed.  Don't be persuaded on their smart talk without sufficient facts.

You don't need someone who values commission over your needs.

QUALITIES OF A FINANCIAL ADVISER

As said by Suze Orman, “if you don’t

understand or innately trust the person,

don’t hesitate to move on.”

PERSONALITY

Compatibility should be prioritized.

QUALITIES OF A FINANCIAL ADVISER

MEMBERS OF PROFESSIONAL ASSOCIATIONS OR GROUPS

Credentials are in good shape.

Makes extra effort to stay updated.

QUALITIES OF A FINANCIAL ADVISER

The fee structure comes in two, mainly:

FEE STRUCTURE

Commission basis

Fee-basis

QUALITIES OF A FINANCIAL ADVISER

Commission-based advisers must comply with the

standard requirement.

Commission basis

According to the founder of Campbell Wealth Management. Kelly Campbell,

“must reasonably believe any recommendations made are suitable in

terms of the client’s financial needs, objectives and unique circumstances”.

QUALITIES OF A FINANCIAL ADVISER

Advisers follows strict fiduciary standard.

Fee-basis

Required to have the client's interest first before their own.

QUALITIES OF A FINANCIAL ADVISER

In conclusion,

Choosing the right financial adviser should be given enough thought for your future investment is at stake in every decision you make.

“REMEMBER THAT WHAT HAPPENS TO YOUR MONEY AFFECTS YOUR QUALITY OF LIFE, NOT YOUR ADVISER’S.” Words to live by as told by Suze Orman,

QUALITIES OF A FINANCIAL ADVISER

INFINITACCOUNTING

5 Qualities your FinancialAdviser should Possess was

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QUALITIES OF A FINANCIAL ADVISER

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Sources: http://www.investopedia.com/terms/f/financial-advisor.asp

http://www.infinitaccounting.com/blog/does-your-financial-adviser-possess-these-5-must-have-qualities/

http://www.suzeorman.com