Table of Contents
- 1 What do I need to know to talk to a financial advisor?
- 2 What questions should you be prepared to answer at your first meeting with your financial advisor?
- 3 What are 3 questions you should ask when plan a budget?
- 4 What are two questions you should ask yourself as you periodically review and evaluate your financial plan?
What do I need to know to talk to a financial advisor?
10 questions to ask financial advisors
- Are you a fiduciary?
- How do you get paid?
- What are my all-in costs?
- What are your qualifications?
- How will our relationship work?
- What’s your investment philosophy?
- What asset allocation will you use?
- What investment benchmarks do you use?
What questions should you be prepared to answer at your first meeting with your financial advisor?
Here are a few questions to ask yourself before meeting with a financial planner:
- When would I like to retire?
- What does my dream retirement look like?
- Do I plan to work in retirement?
- How will I pay for my kids’ college education?
- Who will be my beneficiaries?
What questions should you ask yourself before you develop your financial goals?
10 Personal Finance Questions You Should Ask Yourself
- What was the last money mistake I made and why did I make it?
- Am I on a realistic savings pace for what I want to do when I’m near retirement age?
- If I have children, what am I doing to make sure I can help them with schooling in the way I would like to?
What should you expect from a financial advisor?
What Should You Expect from Your Financial Advisor?
- To Act as a Fiduciary.
- To Help You Set Realistic Financial Goals.
- To Offer Customized Services Based on Your Goals and Preferences.
- To Provide You with Enough Education to Understand.
- To Communicate Regularly.
- To Be Proactive, Not Reactive.
What are 3 questions you should ask when plan a budget?
In any budget, it is important to ask yourself the right questions….They may even surprise you.
- What is my income?
- What are my debts?
- What are my expenses?
- Does it add up and, if needed, what can I change?
- What are my priorities?
What are two questions you should ask yourself as you periodically review and evaluate your financial plan?
What do I want to accomplish in the next month, year, five years? What is important to me? Are my goals practical? If your planned expenses and savings are more than your income, then you should do one or more of what 3 things?
What questions should I ask my financial advisor during annual review?
5 key questions to ask at annual review time. Is your investment strategy on track?