An article on AARP.org gives 10 tips for how to make sure you have a good financial planner. I think the article is worth a few minutes of your time.
I would only add a couple things to the author’s list:
Ask your other trusted advisers for recommendations. If you have been using an estate planning attorney or CPA, and you trust this adviser’s opinion, then ask for recommendations. Chances are, he or she routinely works with financial advisers and knows the good ones.
For example, as a wills and probate lawyer, I interact with financial advisers all the time. This experience with financial advisers tells me who’s good and who’s not. A probate attorney doesn’t get a kick-back for recommending a financial planner, so you can be assured that you’re getting unbiased opinions.
Don’t discount your friends’ and family members’ recommendations. The AARP author encourages readers to be wary of friends’ opinions on financial planners. In the author’s own words, she writes, “Don’t put faith in references. Even the worst planners can find three people who like them.”
While I agree to an extent, it’s difficult for many of my law clients to even know where to start in finding a good financial adviser. I believe an opinion from friends, family, or trusted professionals is much more reliable than the Yellow Pages. Once you have a recommendation from a trusted source, then follow up with the 10 tips from the AARP article to make sure the recommended adviser is truly the best for you.
Visit www.ShuttLawFirm.com for more information on estate planning, estates law, trusts, living trusts, or making gifts in a Last Will and Testament, contact Richardson, Texas lawyer Isaac Shutt at firstname.lastname@example.org.
Shutt Law Firm’s office is conveniently located just north of Dallas, TX, near the intersection of highway 75 and Campbell Road in Richardson, TX.
You can also call Mr. Shutt at (214) 302-8197 for more information on the topic discussed in this article or to discuss a different legal matter. For existing clients, quick phone-calls and brief e-mails are always free at Shutt Law Firm PLLC. Please consider the Shutt Law Firm if you need letters testamentary or probate lawyer in Dallas, Richardson, Plano, Allen, McKinney, Garland, Addison, TX or surrounding North Texas area.
DISCLAIMER: Nothing in this brief article constitutes legal advice. The information provided herein is merely provided in the spirit of education. If you have a legal question, you should consult an attorney for your specific legal situation. Further, nothing in this article shall be construed to have started an attorney-client relationship. No such relationship exists until both you and attorney Isaac Shutt sign an engagement letter with the Shutt Law Firm, PLLC.