Choosing a Financial Advisor

Exponent Investment Management Financial Advisor provides clients with holistic planning and investment assistance. Their advice and guidance can cover topics like retirement planning, asset allocation, 401(k)s, mortgages, trust services and insurance solutions. A career in this field requires a customer-first mentality and strong verbal communication skills. They often work with groups and individuals to provide presentations and workshops on financial products, and may be responsible for building relationships with new business contacts.

When choosing a financial advisor, it’s important to find one who understands your unique needs. They should be able to have in-depth conversations about your short- and long-term goals, existing investments and tolerance for risk as you move forward with investing plans. Additionally, it’s worth determining whether they’ll be available to meet in person or will prefer to conduct business over the phone, via video conference or email.

How Financial Advisors Help You Plan for the Future

Another consideration is the fee structure. Many investors choose fiduciary professionals that are held to a higher standard than those who follow the suitability rule (usually broker-dealers). Those professionals and organizations must disclose all fees up front, which can help you compare costs.

Finally, it’s wise to consider the financial advisor’s reputation. You can get a sense of this by checking their registration status with the Financial Industry Regulatory Authority using BrokerCheck, a service that shares information about an advisor’s employment history, certifications and licenses. Additionally, you can ask potential advisors for references and testimonials from previous clients. Lastly, you should also weigh the value that an advisor brings to your financial wellbeing, including the peace of mind, confidence and built-in support network that come with their expertise.

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