No matter if you are just starting to save for retirement or have been at it for years, working with a financial advisor may be beneficial. In order to get the best advice, you need to know the right questions to ask. If the answers you receive are incomplete or unsatisfactory, it may be a signal that you should keep looking.
When looking for someone who you may hire as your financial advisor, you will likely be able to tell quickly if the individual enjoys their job. If they are constantly looking at their phone, are distracted, or are slumped over in their chair, they may not be passionate about their job. Pay attention to body language. You likely want a financial advisor who has a passion for all things finance. Matthew Dixon in Greenville, SC, cares deeply about helping his clients build wealth, develop tax strategies, and ensure that they have the money they need to retire comfortably.
It is important to find out if the firm you are thinking about working with will hold your money and investments. The only contact your advisor should have with your money is the fees that you pay for their services. Assets should be handled by a third-party. The third-party would be responsible for producing monthly statements, making distributions, processing transactions, and collecting payments.
Find out about an advisor’s investment philosophy. Matthew Dixon in Greenville, SC, can tell you his philosophy without hesitation. He can explain the strategies that he uses to help clients reach their investment and retirement goals. He explains these in terms that are simple to understand.