Choosing a financial adviser can be a daunting task. Stockbrokers, planners, investment advisers all offer different services.
Most of us ask our friends for recommendations. Good start, but unless your friends have the same financial goals you have, their advisers might not be right for you.
First, determine your financial needs and goals. Do you need investment guidance or portfolio management? A savings plan for your children’s education? Or do you require help balancing retirement with estate planning? If you know what you need, you can narrow your search before interviewing advisers.