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What are the questions you simply must ask if you are going to get financial advice from a financial advisor. Anyone who purports to be a legitimate financial advisor should be willing to stand behind these claims.

If so, are you willing to put that in writing? Anyone who purports to uphold a fiduciary standard should be willing to stand behind that claim.
A fiduciary should be willing to disclose any relationship, compensation, incentive or other factor that potentially could interfere with his or her ability to act in your best interests. Even if you’re not interested in a fiduciary relationship, you should press your advisor to tell you about any potential conflicts so you can better evaluate his or her advice.
Ask if the advisor receives commissions, referral fees or other financial incentives. Some advisors tout themselves as “fee-based,” but also accept other payments that could influence their recommendations.




Financial Advice for Global Investors

Managing Your Retirement – 2nd Step

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Last time I discussed planning for retirement. Once you’ve planned your retirement, the next step is actually managing your retirement. While it’s not a full-time job, there are certain things you need to... READ MORE