How to Choose a Financial Planner That You Can Trust

Business meeting - Happy businesspeople talking
24 Nov 2018
It’s important to have a financial planner that you can trust. Click here to find out how to choose the right one for you!

40% of people surveyed in 2015 said they used a financial planner. This number was up from 21% in 2010.

A lack of understanding in retirement planning and growth investment strategies are a couple of main reasons people opt to go to a financial advisor for their financial plan. This is a very close relationship and requires a lot of trust.

Since this relationship can have such a major impact on your current and future life, how do you know who to work with? Continue reading because we’re going over how to choose a professional that will help you achieve your goals.

Best Practices for Finding a Financial Planner

Before you get started in your search, you need to make sure you are searching for the right person. Titles in the financial world can get confusing.

What Does a Financial Planner Do?

A financial planner organizes your finances and helps with financial projections. If you don’t like the projections, they will advise you on strategies that will help you get to where you want to go.

What to Look for In a Financial Planner

When you work with people that are advising you on investment strategies, here are some key things to look for:

  • Services you want
  • How much you’re willing to pay
  • How qualified they are
  • Good reputation and customer reviews

Before you get started with your financial planning, you need to make sure the company you’re considering provides the services you want. Finding a company that offers more than one service helps to keep the confusion to a minimum.

Just because finances can be confusing, it doesn’t mean you have to use multiple companies and make it more confusing.

If you want to work with the best in the industry, be willing to pay a premium. While you might expect to pay a premium, there are great companies that charge around the industry standard even for their top-of-the-line services.

Making sure the company or planner you’re working with is fully qualified is important. You shouldn’t work with someone that isn’t fully qualified to save money. In the long run, you will cost yourself a great deal of money.

Look online for reviews to see what their reputation is online. If you notice there are a lot of negative reviews, you should run in the other direction. There are plenty of companies that have good recommendations.

You shouldn’t feel like you need to work with a less than stellar company.

Build a Solid Future

Now that you know what to look for in a financial planning professional, it is time to get to work on your future. The sooner you get started, the quicker compounding interest can work on your side.

You want to build a social future for your family and you understand a financial planner will help you. Don’t wait any longer, contact us today. We’re happy to set up an appointment and speak with you about your financial goals.


Daryl Seaton