How to find a good financial adviser
By Kirsten Hastings, 12 May 17
It is vital to get any new relationship off on the right foot, especially when money is involved. Understanding the questions that prospective clients should be asking, can help advisers ensure they are the right person to meet that client’s needs.
Has the adviser explained everything clearly and offered everything in writing?
If you are taking out an investment or savings plan, you should agree, or get your adviser to explain to you, the risks of the investment in order that you can satisfy yourself that the type of things you are investing into are appropriate for you.
“Understand the difference between cautious, balanced and growth investment,” said Westwood.
And Howell added: “They should be telling you how much they will take in fees and costs. This all needs to be clear and transparent.
Finally, and extremely importantly, all three said: “Get any advice in writing.”
Tags: Blacktower | Bob Parker | David Howell | Guardian Wealth Management | Holborn Assets | John Westwood | Rl360
