When you are working with an advisor, you want your relationship to be built on trust and quality expertise. But how do you know if an advisor is a bad fit? What red flags should you avoid? We’ll tell you in this episode.
Check out the full show notes here. ----more----
Here's what you can expect in this episode:
1:22 - A long resume might sound good at first when it comes to experience, but it’s not so good if they have moved around frequently.
2:50 - Review their license and see if there are any disclosures for an advisor.
3:49 - Figure out if the advisor is limited by certain licenses or if they are more of a salesperson.
5:24 - Are they selling something to you or are they a fiduciary?
7:28 - If there is very little listening on behalf of the advisor, you might get pushed into a sales tactic.