Ideally, your financial advisor is someone who is an expert in the fields of personal finance and investing. Research has shown that many investors who pursues an independent investment strategies frequently make poor investment decisions and succumb to impulse buying. The role of your financial advisor is to develop, monitor, and adapt a comprehensive investment plan that reflects your personal financial profile and your investment goals. When selecting your financial advisor, follow the same procedures as you would if you were hiring an accountant or a lawyer. These are concerns that only you will be able to resolve.
Most advisors use the first meeting to get to know their clients.
This is your opportunity to get to know them. The questions that follow will help you develop a better understanding of your financial advisor's style. Ideally, you are looking for someone with a significant amount of experience. Try to find someone who has counseled clients during both the good times in the market and the bad. Advisors who have experienced market fluctuations understand their significance and know how to handle them.