Financial Advisor

What to look for in a good financial advisor.

1. A good Advisor listens
2. Will restate what you have said
3. Will ask you questions to better understand you
4. A good Advisor gives advice not commands (hence the name advisor)
5. A good advisor will not use financial jargon to confuse you, but will explain things to you
6. Involves you in the planning
7. Realistic (it is okay to go out to eat once a month, or to do something spontaneous now and then)
8. Delivers a comprehensive financial plan that is tailored to your needs.
9. Meets with you at least once a year to review how you are coming along
10. Is not afraid to direct you to a person who is a specialist in a certain area outside of their knowledgeable arena.
11. Holds a CFP, CHFC, or other designation from a respected source.

These are a few of the traits that I would look at in a financial advisor. As other traits come to my head I will post them.