How Do You Choose the Right Advisor?

In the financial world, knowing who to trust can be complicated, and it can be challenging to differentiate between various categories of advisors, many of which have varying levels of education, experience, and regulatory commitments to their clients. So how do you choose the advisor that is the best fit for you and your financial goals and needs?

To verify whether the professional or firm may be right for you, consider asking the following questions:

• What are your teams’ credentials?

• Do you offer the services I need?

• How are you compensated?

• How will we work together?

• How will you gain an understanding of my situation, and how will that knowledge help to form your recommendations?

• How do you approach investing for people like me?

• Where will my assets be held?

• Do you adhere to the fiduciary standard, or the suitability standard?

Read more from our partners at Charles Schwab with their printable checklist “How do I choose the right Advisor?” for more tips to help identify the advisory team that’s right for you.

If you'd like to ask these questions of the CWM team, contact us at (425) 778-6160 or click here to schedule a conversation.