By Roger Ma
As I wrote previously, the financial advisor ecosystem can be surprisingly complex. Nearly anyone can call themselves a financial advisor, financial planner, or financial coach, with minimum qualifications required. Consequently, it’s important to be careful and thoughtful when selecting a professional to help you save, grow, and protect your savings.
Here are five things to consider when shopping for a financial advisor.
Education and Experience
Review your prospective advisor’s educational background and experience to learn why that particular person may be uniquely positioned to help you with your financial situation. In particular, seek advisors who have demonstrated they can actually apply their knowledge to develop an optimal strategy for you.
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