Tips on Finding a Financial Advisor

Finding a financial advisor is a bit challenging. While most people do not need the services of a financial advisor, many people have found that hiring a professional helps them to get a better handle on their financial situation. Following are some tips that will enable a person to get professional help in managing his or her finances.


Different Types of Financial Advisors

There are actually different types of financial advisors. A certified public accountant (CPA) is qualified to handle tax matters but does not provide general advice on one’s finances. A certified financial planner can be a good person to turn to for general financial advice. Such a person is qualified to handle financial questions on general matters such as investments, expenditures, income and balancing a budget.

A person who is interested in finding a financial advisor to help plan his or her retirement should work with a chartered retirement planning counselor. One can find a comprehensive list of financial advisors at, the official website for the National Association of Personal Financial Advisors. Another helpful site of this nature is


Finding a Financial Advisor That is Qualified and Competent

Finding a financial adviser online is not overly difficult. However, a person should not turn his or her finances over to the first advisor listed on the internet or in the phone book. One should start by asking friends or relatives for a referral. If friends or relatives are unable to provide helpful advice, then one should do some online research.

When looking for a financial advisor, it always pays to do a bit of research. Phone a number of advisors and ask what exact services they provide and at what price. One should also ask an advisor what sort of experience he or she has, how long he or she has been working as an advisor and what level of certification he or she has. It is also possible to find out more about a financial advisor online. Type in the advisor’s name, followed by “complaints” or “reviews”.

Finding a financial advisor takes time. Fortunately, most people are able to handle their finances without professional help. However, there are many people who do need the expertise of an advisor. The key to finding a financial advisor who will do good work at a good price is to do some research, compare prices and take the time to meet with more than one advisor. This enables one to see which person is most qualified to provide the needed advice and counsel.


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