42: How to hire a financial advisor

Financial advisors help people with their financial planning, by working with you to set financial goals, and they guide you in deciding, when to save, how much to save, how to handle debt, and when/how to invest to reach your financial goals. Choosing a financial advisor is a significant decision, yet some don’t consider doing it, while others give it less thought. If you choose the right financial advisor, he or she will protect your money and put your interests ahead of their own. Here are some important points to consider when choosing a financial advisor. 1. Is he a fiduciary? 2. How does he make money? 3. Verify advisor integrity & credentials. 4. Verify their service offering. 5. Interview multiple advisors Getting a financial advisor is a very important decision that can make or mar your financial future. Your financial advisor should watch out for your interest, he should provide advice that will be beneficial to you and help guide you through savings, investing, debt and wealth management decisions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/thecareerevangelist/message