These are typical questions about financial planning:
What are your qualifications and experience?
Make sure you are comfortable with your advisor's background and credentials.
How do you get paid?
Ask your advisor about their fee structure and if they receive any commissions or other incentives for recommending certain products or services.
What is your investment philosophy?
It's important to understand your advisor's approach to investing and how it aligns with your goals and risk tolerance.
How do you manage risk?
Ask your advisor about their strategies for managing risk and protecting your portfolio during market downturns.
How often will we communicate?
Make sure you understand how frequently you will meet with your advisor and how you can contact them if you have questions or concerns.
How do you help clients plan for retirement?
Ask your advisor about their approach to retirement planning, including how they determine retirement income needs and how they recommend investments to help achieve those goals.
What other financial planning services do you offer?
Many advisors offer additional services such as tax planning, estate planning, and insurance analysis. Ask about these services and whether they are included in your fee.
Can you provide references?
Ask your advisor for references from other clients who are in a similar financial situation to you.
Remember, it's important to work with an advisor who you feel comfortable with and who can help you achieve your financial goals. Don't be afraid to ask questions and make sure you understand the answers before making any decisions.