Good Fit

As any shopper knows, stores offer different brands that serve similar purposes but in different ways. Which item we choose depends, ultimately, upon which one makes us feel it will be a “good fit.” While financial advisors do not come in different geometric shapes and brilliant colors, they do offer similar services but in different ways… The search for making a good choice starts with a few basic questions, such as “What can an advisor do for me that I cannot already do for myself?” And, “Will the advisor be paid by his or her company’s commissions on insurance or investments I will be asked to buy, or by an agreed-upon periodic professional fee?” And, “Am I looking for financial planning advice to enhance the fullness of my life, or do I just want guidance with my investments… or both?” Based on your answers, your search for a “good fit” advisor can focus quickly on comparisons of age, experience and suitability among the candidates. If you attend Yoga class or take voice lessons or hire a fishing guide, you know such encounters can turn into lasting, satisfying relationships. Keep that in mind when the time comes to seek advice from a financial planner.