Choosing a financial advisor simply because they claim to be ideal for you would be a bad decision. Assuming that an expert that has helped your friend before would be a good choice would be a bad move. Since you have unique needs, there is no guarantee that you would enjoy an expert's services like your friend did. How do you choose the right service provider?
Inquire regarding qualifications and experience prior to making a decision. What credentials does your potential advisor hold? A provider that has graduated from a reputable institution would be a good choice. It is important to ensure that they have certifications such as CFP (Certified Financial Planner), and ChFC (Chartered Financial Consultant). A provider that values continuing education would also have a lot to bring to the table. Ensure that they have helped plenty of clients with similar needs.
Who is their typical client? Assuming that your choice provider serves anyone seeking their help would be a bad decision. Understand that some providers only sign up customers with assets falling within a specific range. Choosing a service provider at miradorwealth.com.au that is a perfect fit for you would help avoid unpleasant surprises later. A provider that works only with bigger agencies would not afford your smaller agency the attention necessary. If you feel that you would need a higher level of support going forward, particularly if your assets grow, you should choose a provider with that in mind.
It is important to consider reputation prior to making a decision. It could be that a prospective provider is experienced. All in all, if their reputation is wanting, choosing them would be a bad decision. Have their clients filed complaints against them in the past? You should also inquire whether they have ever received any disciplinary action for unlawful and/or unethical actions. It pays to get in touch with their regulating bodies to confirm whether they are in excellent standing. Know more about financial planning in http://money.cnn.com/pf/best-jobs/2012/snapshots/6.html.
Inquire who you would be working with. It is important to know whether you would be working only with the expert or with a team. Inquiring regarding the same would help you know if your potential provider would pass on the task to their employees. Such a query would help you determine whether the provider would be available to you. If you are comfortable working with a team, ensure that each and everyone in that team is competent.
Privacy is a factor that you should not overlook. You will have to disclose sensitive information if you are to get quality support at miradorwealth.com.au. It is important to choose one that would keep such info safe at all time. Ask for a written contract that shows that your information would not be disclosed to third parties.