Top Five Things To Look For When Hiring A Financial Planner

Author: Westgroup Financial Management Inc. | | Categories: Business Advice , Business Planning , Charitable Giving , Estate Planning , Finance Broker , Financial Advisor , Financial Consultant , Financial Institution , Financial Investment Planning , Financial Planner , Insurance Advisor , Insurance Agency , Insurance Broker , Investment Banking , Investment Planner , Investment Services , Money Manager , Personal Financial Management , Wealth Management

Blog by Westgroup Financial Management Inc.

Whether you’re struggling to purchase the right type of investment or want to set up a retirement plan, managing your finances without understanding the ins and outs of the financial industry can be challenging. At such times, working with a trusted financial planner to help you bolster your overall financial picture is incredibly beneficial.

A financial planner will take a look at your situation, suggest a strategic plan, and guide your progress. Using their knowledge and expertise, they’ll help you understand your finances, manage your income, and invest in the right places. They’ll help you achieve financial stability and give you peace of mind.

However, hiring the right financial planner is an integral part of building long-term wealth. With so many options available, finding a professional that promises to meet your expectations can be difficult. To help you with the selection process, here’s a list of the top five things to look for when hiring a financial planner.

1. Credentials
As you want your financial planner to have extensive knowledge about the financial industry, make sure you enlist an accredited professional. A planner with a firm grounding in financing will be able to work with your situation and come up with a strategic plan that aims to meet your needs.

2. References
Several referrals and references, along with positive reviews, indicate that the financial planner has successfully helped clients in reaching their financial goals. As the professional will be working with your finances closely, you don’t want to take a risk. Hire a financial planner that is in good standing and has a host of clients that can vouch for their services. 

3. Fees 
What type of fees or charges are related to the service provided? How does your financial planner charge? What are the payment methods they accept? Make sure you find satisfactory answers to these questions before signing a deal with your planner.

4. Location
Is there a physical office where your prospective financial planner holds their practice? If yes, then it indicates that they’ve been in this business for a long time and will stay along with you until they match your expectations.

5. Experience and results
Results speak volumes! Check your financial planner’s track record to see if they’ve been successful and consistent in managing their own and their clients’ finances. Along with that, also look at the amount of experience they carry.

If you’re looking for a financial planner in South Surrey, BC, reach out to the experts at Westgroup Financial Management Inc. As a team of passionate and dedicated professionals, we are committed to helping our clients succeed in their financial goals. We assess our clients’ needs carefully and devise calculated strategies to give them the best solutions possible. Our business is built on the virtues of honesty and integrity, and we are transparent with our clients right from start to finish. 

We offer a range of wealth management, financial investments, insurance planning, estate planning, business services, and charitable giving services to clients across South Surrey, White Rock, Delta, Vancouver, West Vancouver, North Vancouver, New Westminster, Coquitlam, Burnaby, Langley, Chilliwack, Port Coquitlam, Port Moody, Mission, Abbotsford, Pitt Meadows, Maple Ridge, Squamish, Whistler, Victoria, Nanaimo, Kelowna, Penticton, and Kamloops, BC.

To learn more about the services we offer, please click here. To get in touch with us, please click here