How to Find a Financial Advisor

   After many years of hard work, you kick off those sandals, cold drink in hand, and stare at that lovely oceanic scenery. Or maybe you're in Europe, exploring places and sights you've only read about. How about some quiet time at home with the grandchildren? Whatever your ideal retirement vision is, you probably can't wait to get there. In order to retire effectively, a financial advisor should be in your corner as your partner in crime (think of them as the Robin to your Batman).

   What is a financial advisor? A financial advisor is someone who works with you, providing different services to suit your financial needs. Some of these services include helping you in investing for retirement, establishing savings or college goals, and more. They look through different funds in the market for you to invest in that earn you the best return, based on a number of factors.

   How do I know which financial advisor to hire? The best way to find a qualified financial advisor is to schedule a meeting with a few (let's say 3). When you meet with an advisor, they will interview you. They'll want to know your investment goals, how much you have in savings, what you do for work, and more. They want to know who they are potentially taking on as a client. At the same time, you need to interview the advisor. The advisor is, effectively, applying for the position of managing your money. Like with any position that needs to be filled, you want to sample prospective "candidates" (or in this case advisors). All advisors are different: personality, experience, investment strategy. Here are some sample questions you can ask a financial advisor prior to working with them:

• How long have you done this type of work?
• What type of clients do you work with?
• What is your investment philosophy?
• How do I communicate with you if I have questions, or need to make any changes?
• How are you compensated?

   At the end of the day, you want an advisor who has a good track record: lengthy experience, relatable personality, and the heart of a teacher. You want someone who knows what they are doing and is easy to work with. Your advisor should also be teaching you how and why you're investing in certain funds. You don't want to just be a yes man and invest because your advisor says so. It's your money, you should understand how it works and where it is going. That is the single most important thing: do not invest in anything you don't understand. The advisor is not in charge. They are there to help you. In the end, your retirement is about you and the decisions you make. A financial advisor is very helpful, but don't forget to take ownership in YOUR retirement!