You might have had a bad experience with a financial consultant or know someone who has. Things have been pretty tough over the last several years for investors and advisors. Many of the corrupt financial advisors have been weeded out, but some still have qualities that you need to know.
Keep in mind that there are reputable financial advisors away there who have your best interests in brain. If you do a little research and ask the right questions you should be able to find an advisor you can trust. You can also opt for Top Financial Advisor In Ottawa & Certified Financial Planner.
Seeking for Business -you should be weary of financial advisors that contact you. You're opting for successful consultant who doesn't need to go looking for business.
Image Source: Google
Place of Enterprise -you should go to your financial advisor's place of business to see how he or she works. Be aware of whether the office is organized, if the files are usually in order and if he or she is busy.
Certification -make sure your advisor is a professional Monetary Planner, or CFP(R). This specific is very important. A person want to be sure that your consultant has the right documentation and educational background to be handling your money.
Payment -you should discuss payment the first time you meet with an advisor. You should ask him what his fees are and how he makes money. You should be the one to bring up payment.
Residence Calls -if an expert has time to come to your home or office you should be weary. A successful financial consultant doesn't have time and energy to visit clients unless you are investing a substantial amount of money together.