Dates with Financial Advisors

by astanhaus


I like dating. I always, at least, learn something new. Best case scenario, I make the acquaintance of someone who meets my painfully high standards.

When picking a financial advisor, I looked for one I liked that understood me & my goals. Financial advising is not a place I wanted to learn any life lessons along the way (i.e. there will be no mistakes to learn from).

(click on the bold-faced vocab word:))

I first asked around for names from friends and family. Also, I started reading investment magazines to see what were the names of the big companies.

Before I meet him or her in person, I wanted to see what was on the internet.

Yes, I approve of financial advisor internet stalking. I checked out the individual’s linkedIn. I googled the name along words like fraud, churning. I extensively reviewed the company’s website.

If nothing terrible was found, I called up for an appointment.

I came prepared with questions like these (thanks Forbes!). I also looked to see if this would be a compatible match—50/50 talking time, similar goals and experiences,  young enough to understand my position, but old enough to be wiser than me.

If I’m going to be talking to my financial advisor on the regular and he or she is to know my deepest/darkest $$ secrets, I have to be comfy.

Good luck! Remember be picky!


(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)