Some people put as little time and research into choosing an investment advisor as a dry cleaner.
But unless you want to get taken to the cleaners it s worth doing your homework and asking plenty of questions before settling on an investment advisor. Number one, the broker or investment advisor should share a similar philosophy to the investor, said Arty Finkelberg, senior vice president of investment for A.G. Edwards in Jackson. There are people in my business who are very aggressive, and people who are very conservative. What an investor looks for is someone who shares a similar philosophy. Finkelberg said good chemistry between the planner and investor is also important.