How to Find a Financial Advisor

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When you’re ready to make a change in your life and start getting professional advice on how to manage your finances, one of the most important steps is to find a financial advisor you can trust. However, finding the right professional who is not only qualified but also right for your specific needs is easier said than done.

Luckily, Planning Bucket is all about connecting you with the right advisor, so here are a few tips on how to find a financial advisor in North Carolina who is right for you:

How to Find a Financial Advisor

  • Narrow Down Your Goals- It’s a lot harder to get the help you need when you’re not sure what you’re trying to accomplish, so you need to figure out what you need help with first. Take note of your main problems and concerns so you can find a financial advisor who has experience in those areas or specializes in them. Once you do that, your financial advisor can help you refine your goals.
  • Find Out How the Advisor Makes Money- Some financial advisors operate on a fee-only basis, meaning they only earn money from what you pay them for their services. Other advisors earn commissions from third parties. The main difference is that most fee-only advisors are fiduciaries (meaning they are legally required to work in your best interests), and commission-only advisors are not. That may not be a problem, but it’s important for you to be aware of which one your financial advisor is.

If you need assistance as you find a financial advisor, contact Planning Bucket to get introduced to a qualified and vetted professional.