How Do You Choose the Right Financial Advisor?

If you’re a busy, thriving professional, choosing the right financial advisor is vital for your financial future.

Without a financial advisor, you could be facing costly mistakes, missed opportunities, even wasted effort and time. 

Even more importantly, you or your partner might be feeling overwhelmed by keeping up with all the details.

Your dream of achieving your most important financial goals could turn into a nightmare. 

The financial services industry makes it even more complicated for consumers to choose the right advisor and model.

There are so many job titles vary from “financial planner” to “investment manager,” or even “wealth advisor”…

But often, these names are arbitrary and inconsistent. 

So how do you source and vet out the right advisor for you? 

Before placing your financial future in the hands of someone else, make sure you do your due diligence on them and their model well in advance.

Questions to Ask a Potential Financial Advisor

You should ask these important questions to determine if they are a good fit for you. 

  1. What kind of clients do you usually work with and serve best?
  2. What can you expect from their client experience?
  3. Is their compensation based on fees, or through commission or both?
  4. What costs will you pay in addition to the advisor’s fee? 
  5. How would they describe their investment strategy? 
  6. What did they base they their choice of this strategy on?
  7. Do they invest your own money in the same way?

Notice I did not start out with questions only around investments or annualized returns of their portfolios.

We believe strongly that you deserve to work with a financial advisor that understands your specific goals and has the right mentality and expertise to help you achieve those goals.

The right advisor should leave you feeling confident about your future and not at all in the dark.

Life isn’t linear .

Your plan shouldn’t be either.

Navigating your finances through each phase of life requires more than just a plan.

It requires a partner.

At Cogent Strategic Wealth, we help high-achieving individuals, like yourself, develop clear goals for your financial future and guide you in taking the right steps to achieve them.

If you want to know more about how Cogent’s team members and our path assisting professionals just like you in creating a plan to realize your financial goals.

Let’s start a conversation. We’ll listen to what success looks like for you, build a plan tailored to you, and help you execute that plan every step of the way. We will gladly answer the 7 questions you should ask before you hire a financial advisor in an honest effort to see if Cogent is the right advisor for your financial future.Our goal at Cogent is for you to experience a sense of calm and confidence when you collaborate with your advisor to create a plan that’s right for you. Don’t manage your financial future all on your own. Book your Cogent Conversation today!


The opinions expressed by featured authors are their own and may not accurately reflect those of Cogent Strategic Wealth®. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice. By clicking on any of the links above, you acknowledge that they are solely for your convenience, and do not necessarily imply any affiliations, sponsorships, endorsements or representations whatsoever by us regarding third-party Web sites. We are not responsible for the content, availability or privacy policies of these sites, and shall not be responsible or liable for any information, opinions, advice, products or services available on or through them.

© 2020, Cogent Strategic Wealth®