We are a fiduciary firm!

(818) 887-6443

[email protected]

20335 Ventura Boulevard, Suite 125

Woodland Hills, CA 91364

Ten Warning Signs of Working with the Wrong Financial Advisor

Are you working with the wrong financial advisor? Is he still the advisor best qualified to help you meet your retirement goals—and to do so with confidence and peace of mind? It’s a crucial question, so we’ve compiled a list of “10 Signs You Might Be Working with the Wrong Financial Advisor” to help you decide.

1. Your advisor ignores your changing temperament
Have you asked your advisor to make your portfolio more conservative only to have him or her fight you on it? This is a major red flag. Most people want to invest more conservatively as they get older, and understandably so. If your advisor is pushing back, it could be because he isn’t qualified to manage a truly conservative, income-generating portfolio—or it could be because he has a financial incentive to keep your portfolio the way it is.

2. Your advisor isn’t a fiduciary
To expand on the point above, have you ever felt as though your advisor doesn’t put your interests ahead of his own? If so, it might be time to work with a fiduciary. A fiduciary is held to the highest regulatory standards of professionalism and accountability and is legally obligated to always put his clients’ interests first.1 While all advisors are subject to regulatory rules and guidelines, not all are held to the standard of a fiduciary.

To continue reading, sign up!

Services are provided in surrounding cities including...