This checklist will help you ask the right questions when choosing a financial adviser, and know which answers mean yours is an adviser you can trust:
What you'll discover:
- Will your adviser lock you into contractually binding investment periods where you have massive exit penalties?
- Does your adviser construct your portfolio according to your specific needs?
- Does your adviser get paid a hidden commission or a transparent fee?
- Is your adviser a trusted fiduciary - or a self-interested salesperson?
- Is your adviser authorised to give you advice?
- Are their qualifications worth the paper they are written on!
- Is your adviser's firm regulated by a proper financial regulator such as the UK FCA, the Dubai FSA or the US SEC?
