Choosing the right Wealth Manager

As in any profession, the level of service provided to clients by financial advisors can vary. So how does one know whether they are getting their money’s worth?

Borrowing from an article published in the Globe and Mail by Rob Carrick, here is a scorecard to rate how much value your current advisor is providing. Take the test, and then have the discussion with your advisor. If you are not happy with the answers you get, give us a call. As Wealth Managers, we’ll help you make sense of your current financial situation and show you how to get where you want to go.

10 key questions to ask when choosing a Wealth Manager:

1. What experience do you have?

2. What are your qualifications?

3. What services do you offer?

4. What is your approach to wealth planning?

5. What types of clients do you typically work with?

6. Will you be the only person I work with?

7. How do I pay for your wealth planning services?

8. How much do you typically charge?

9. Do others stand to gain from the financial advice you give me?

10. Have you ever been publicly disciplined for any unlawful or unethical actions in your professional career?