There are always exceptions to this rule, and a dwindling number of one man bands quietly get on with doing a good job with limited resources but a wealth of experience. Documentation Get it in writing. Insist on full written recommendations including details of all charges. Every life insurance company will happily provide illustrations of potential returns, so before you sign on the dotted line, insist on a copy of a surrender or early encashment illustration. This is your right in many countries, including the UK, USA, Hong Kong, and Australia.
References Ask around.
You ll soon find out which advisers, large or small, have the best reputations. Many expatriates who already follow these guidelines are now substantially better off. Whereas those who imprudently took financial advice with their eyes closed have seen their fortunes diminish.