How many years of experience and what type of experience should I look for when selecting a financial advisor?
Financial planning is a complex field and it takes time to learn it. Unfortunately for the investment public, it’s much more lucrative for advisors to just manage your money and not really spend time in areas such as: retirement cash flow analysis, estate planning, education funding or tax reduction. You want to make sure an advisor has a sufficiently long track record of giving financial advise and is established in the profession, look for five years or more of experience.
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