How to Assess a Financial Advisor’s Priorities

How can I tell whether a financial advisor will serve my best interest?

Ideally, all financial advisors behave in a client-first manner. Unfortunately, with sales quotas and undisclosed fees, this may not always be the case. Below are points to consider when assessing a financial advisor’s priorities.

  • Are their recommendations tailored to your specific goals and objectives, or are they “one-size fits all” strategies?
  • Are they independent, or do they sell only in-house products? 
  • Are they transparent about their compensation?  “No fee” investments do not exist.
  • Do they have a process for regularly updating your financial plan and tracking your progress?

If you feel you may not be receiving client-first unbiased financial advice, or would simply like a second opinion, please contact me for a complimentary review of your portfolio.

Tanya Wilson

Tanya Wilson, BBA, CFP, FCSI, CIM
Portfolio Manager & Certified Financial Advisor