Navigating today’s complicated economic climate can be a challenge if you try to tackle it alone. An investment advisor can help you understand your needs and options so you can gain the most benefit from your investments. If you are looking for a qualified and affordable investment advisor in Tucson, contact Financial Directions, LLC today.
Examine Your Needs
Before beginning your search, take some time to examine your needs. Do you want an advisor that will help you set up a retirement plan and then step back, or would you like long-term assistance with your portfolio? Different financial advisors offer many different services, so determining what you want ahead of time can help to narrow your choices.
Talk to Others
Word of mouth remains a valuable tool to help you find an investment advisor who understands both your current financial needs and ultimate retirement goals. Talking to family, friends, and coworkers can provide honest, upfront advice to help you begin your search. Ask the advisor you are interviewing for a few referrals, perhaps that are in a similar situation as you, that you might be able to call to learn more about actual experiences.
Knowing which questions to ask when meeting with a potential investment advisor can help you get the information you need to make a prudent choice. Ask whether any potential advisors follow fiduciary or suitability standards. Do they recommend or use proprietary products? You should also ask how the advisor will be paid – commission or fees. And if fees, how they are calculated, are they performance based, are there discounts for larger accounts?.
Meet in Person
Meeting any potential investment advisors in person can help you get a feel for their personality and investment strategy. You don’t want to choose an advisor simply because they are nice, but you also don’t want to work with an advisor with whom you don’t get along. Choose an investment advisor who respects you, answers your questions clearly, and with whom you feel comfortable discussing your finances. You want this to be a long-term relationship so be confident that they do as well.
At Financial Directions, LLC, we are here to help you establish a long-term relationship, to make smart investment choices and to help navigate funding and distributing your retirement. We also offer risk analysis, college savings assistance, estate planning, and insurance evaluations in Tucson. Visit our website to check out our blog or call (520) 408-7777 to schedule a meeting with one of our Tucson investment advisors.