Back to Top Now that we have talked about obtaining information on investments, let's move on to selecting financial professionals. If so, ask to share the selection criteria, process, or ways the individual was chosen. Lack the confidence to managing money. Lack of time and know-how. Back to Top Kinds of financial advisors Broker - represents investors in the purchase and sale of stocks and is licensed and registered with the National Association of Securities Dealers.
Discount brokers buy and sell stocks and bonds at lower rates than full-service brokers.
How to choose a financial planner We need to ask these questions when considering hiring a financial planner. Use overhead 4.21 - Discuss each of the items on the overhead. Top Let's talk about credentials. Educational background, experience in financial services, time working with clients, previous employment and for how long. Back to Top Discuss the designations that can be earned by a financial planner.