Your ability to understand the financial plan you’ve set out, stick to it and adjust when needed will be key to your success. But each of us is unique and have different needs in terms of communication. Some may panic every time the market drops, or international tensions arise and may appreciate a call or a note from their financial planner or wealth advisor. Others are fine with a regularly scheduled check-in. At the very least, look for a commitment to get an annual progress review to make sure any plan remains relevant and is on-track to meet your established goals.
These are five questions that you may want to ask your financial planner. The reality is the answers you’re looking for will be based on your wealth personality and your needs. Above all else, you can look for someone who will give you confidence that they’re going to partner with you in drafting an action plan and help achieve the wealth goals that matter to you.
Discover your Wealth Personality and what influences your wealth decisions.