FINDING THE RIGHT MONEY PARTNER

What to consider when choosing a financial planner

AS WE journey through life—from our first jobs to marriage and children, retirement and planning your estate—it is essential to have a certified financial planner. They can guide us through every stage in life, helping us to save enough and leave a legacy for our loved ones.

You need to consider a number of factors when looking for a trusted person to partner with. These pointers will help you find someone you can relate to, and ask to become your adviser.

Professionalism

Accredited financial planners spend many hours on their continuous professional development. Spending this time behind the scenes’ means that they are there to give you best advice based on your needs rather than pushing products on you.

Advice you receive should be appropriate, consistent, and objective. The financial planner should display a depth of knowledge when consulting with you.

Boundaries

When choosing a financial planner, it is important to understand what their mandate is. If you are looking for investment advice, can they help you to understand your risk profile, deliver insights to current market conditions, and recommend appropriate investments when positioning your portfolio?

Likewise, what are they not licensed to do for you, such as being your tax advisor or short-term broker?