That’s right- October is National Financial Planning month! And if you’re like many individuals, setting up an initial appointment with a financial advisor is just as frightening as haunted houses and Halloween. But have no fear, we are unmasking the beast that is financial planning and outlining exactly what you need to know to begin the process of working with an advisor.
Your financial wellness is not just a bunch of hocus pocus—here’s how to get started:
Questions to consider:
Things to bring:
Come as prepared as possible! The more information your Financial Advisor has, the better the guidance they can provide. Think of your Advisor as your Financial Doctor – they need to know all parts of your financial health in order to plan (diagnose) for your future. Information such as your income, expenses/liabilities, and net worth is a great starting point.
What to ask:
What to expect:
A good Financial Planner will ask you about your goals:
After a thorough discussion, your Financial Advisor should be able to help you define your goals, analyze your needs and provide recommendations, guidance, and advice.