facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog external search brokercheck brokercheck

Good Behavior and 10 Questions to Vet a Financial Adviser

Financial Planning Behavioral Finance

In this week’s episode of his Money, Mind and Meaning podcast, Dr. Daniel Crosby outlines the decision of whether to hire a financial adviser, where a good adviser can provide value, and suggests ten questions to vet a financial adviser/planner:

  1. Are you a fiduciary?
  2. How will you keep me from becoming my own worst enemy?
  3. How do you charge, and how much?
  4. Do you have a niche?
  5. What services do you offer?
  6. What are your credentials?
  7. What is your investment philosophy?
  8. How often will we communicate?
  9. What’s unique about your client experience?
  10. What is your succession plan?

Dr. Crosby’s podcast is great resource for anyone interested in behavioral finance and investing.  Check it out.