How to Choose an Advisor

two women sitting on leather chairs in front of table
by Advice Chaser
by Advice Chaser

When it comes down to it, you are the only person qualified to choose your advisor. In our experience, informed investors are the ones who get the most out of their relationships with financial advisors.

Do Your Research

Check up on the advisor’s business practices by visiting the advisor’s linkedin page, yelp reviews, and employee reviews. You want to make sure the person you’re doing business with is kind and professional.

You can also review the advisor’s credentials, license history, and disciplinary history. Look for licenses the advisor claims on their personal website, then check in with those licensing bodies. To find out if regulators have taken issue with anything in an advisor’s practice, put the advisor’s name into

If you find anything that concerns you, bring it up during your appointment. The advisor’s response to this kind of question will give you some idea of their attitude toward clients.

Think About What You Want

Take some time to look over your finances and make a rough sketch of where you want to be in the short term and where you want to get in the long term. Write a list of your biggest concerns, your dearest hopes, and your foremost priorities. The advisor can’t help you if they don’t know what you need.

Look for a Comfortable Fit

At Advice Chaser, we expect every investor we match to be treated with respect, compassion, and courtesy. We hope you’ll only accept the best service.

Show up Prepared

Be sure to bring recent financial statements to your appointment.
Once you’re at the meeting, be prepared with your questions. Here a few you might consider asking –

  1. How does the advisor get paid? Are you comfortable with their motivations?
  2. What is the advisor’s investment philosophy?
  3. How often should you expect to be contacted?
  4. When should you be contacting the advisor?
  5. How does the advisor feel about the market?

In the end, the best research you can do is to meet the advisor in person and gauge their response to your questions and needs. The most experienced and knowledgeable professional in the world won’t do your retirement any good if they can’t be bothered to listen respectfully and commit to working hard to find the best solutions for you.


Interested in more?

Your financial plan is as unique as you are. We partner with businesses all over the U.S., so that we can help you connect with the right options, all at no cost to you.