Hiring a professional financial advisor will require you to vet candidates to see which will provide you with the services best suited for your particular needs. There are numerous aspects which you should consider. You will, of course, want to ask them questions to find out their proficiency in financial planning. However, you should also take into consideration the human aspect of building a relationship with a financial advisor as well.
Practical questions
Of course, you will need to make sure a financial advisor meets your pragmatic criteria. This will include a fee structure that you can afford. You should inquire about a financial advisor’s investment philosophy to ensure a good match for your financial goals and tolerance for risk. Also, ask them about all of the various services they offer and how available their customer service representatives are. You may even want to look at online reviews of the company to gather more information.
Being treated like a person
Although all of these practical aspects are important to consider, you should also look at a potential financial advisor from a more human point-of-view. Ask yourself if you enjoy working with the people at the particular firm. Do they treat you like a human being and not just another account they need to take care of?
This is important because creating a relationship with a financial advisor is generally a long-term commitment. You will be spending a significant amount of time dealing with the people at the firm, so you want to make sure they are pleasant and easy to get along with. Remember that you will be trusting a financial advisor with important financial decisions which means you want to be comfortable sharing personal information with your financial advisor. This can help develop an effective financial plan that truly empowers you to achieve your financial goals.
Developing a relationship with clients
At Paramount Wealth we will treat you like a person with real human needs and concerns. It is our belief that having you as a client is about fostering a relationship that is open and honest. This ensures that the lines of communication are always available to you to express whatever concerns you may have.
Every interaction with our team will be warm, caring and empathetic. Our professionals will take the time to really get to know you and fully understand your life goals in order to completely integrate these goals into a financial plan that is comprehensive and effective.
Any opinions are those of the author and not necessarily those of Raymond James. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in
this material. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy selected.