Share this article

print logo

IS YOUR PLANNER WORKING HARD?

Once you have begun working with a financial planner, how can you tell whether the planner is doing the best job possible for you? Here are some questions suggested by the Institute of Certified Financial Planners:

Has the planner conducted one or more comprehensive interviews with you and your spouse?

Did the planner seek information on your income, expenses, assets, liabilities, savings patterns, investments, risk tolerance, insurance, wills, taxes, retirement plans and objectives?

Did the planner prepare a detailed, written financial plan?

Has the planner explained fully and clearly the rationale for recommending a product or strategy?

Do recommendations fit your needs and your ability to withstand risk?

Do recommended investments appear well-diversified?

There are no comments - be the first to comment