Picking a financial planner # 1

I’m Miriam Neff,  and I’m Valerie Neff Hogan, with Wise Women Managing Money

M Picking a financial advisor is more than getting good information.  This person needs to be a match for you and your needs.  We have 6 tips about who to NOT pick, 

1. Don’t hire an Advisor Who Is Not a Fiduciary

A fiduciary is an individual who is ethically bound to act in another person’s best interest. Fiduciary financial advisors must avoid conflicts of interest and disclose any potential conflicts of interest to clients.

V All of the financial advisors on SmartAsset’s matching platform are registered or chartered fiduciaries. If your advisor is not a fiduciary and constantly pushes investment products on you, use this no-cost tool to find an advisor who has your best interest in mind.