The Evolution of Financial Advisors

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

Published by Paul West

When you think of a financial advisor, what’s the first thing that comes to mind? Unfortunately, for many of you it’s one word- salesman. While some of those type of “sales-y” advisor types do still exist, they are commission based representatives that only have to make sure a transaction is suitable, but are not beholden to the fiduciary standard (always acting in your best interest).

Luckily the world does change and evolve, and that evolution has been a good thing for the financial planning world! Do you still get videos at Blockbuster or print Polaroid pictures? No, because the world found a better, more efficient way to do things, and so did the world of financial advice.

Our profession deals with one of the most sensitive topics for people: money. It’s not our job to sell products, but to provide guidance and advice. I believe that the most successful financial advisors in 2018 have following traits in common:

  • They are accessible when you need them the most.
  • They focus on creating a plan first and put investment second.
  • They act as a fiduciary, legally and ethically putting your best interest first.
  • They free up your time and help you gain financial confidence by helping rid you of unnecessary financial clutter. They also help you with the burden of always being the decision maker.
  • They are truth givers and truth receivers.
  • And most importantly, they are there to help you pursue your life’s purpose.

So I ask you to please stop thinking that every financial advisor is the same because they aren’t. If you are still working with a salesman, stop! Take some time and find the right advisor that fits you and your unique needs. Thanks to the new age of technology, the power to find information about potential or current financial advisors is at your fingertips. Use Google, Alexa, or any other online research tool to help you find the right advisor.

How do you start this search? Click here to read more about what questions you should be asking a potential advisor.

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

What Can We Learn from Tragedy?

John Corron, CFP® – Wealth Advisor – It has been a humbling month for my community. Untimely deaths and serious illness have impacted people and families I know intimately, and it is unsettling to see the ripple effects of those tragic events. There is no playbook for dealing wi …

Yes Regrets?

By: Abbey Henderson CFP® RLP® CPCC® CAP® AEP® – CEO, Wealth Advisor & Coach Do you believe in the “No Regrets” approach to life? A life where you take every opportunity. A life where you always take risks. A life where every decision works out. On the surface, it does seem appeali …

Considering Tax Loss Harvesting? What You Need to Know First

Kevin Oleszewski, CFP® Senior Wealth Planner As the tax year draws to a close, many high-income investors will look to reposition their portfolios to intentionally generate losses as a way to offset gains — an investment strategy known as tax loss harvesting.

What to Consider in Deciding Whether or Not to Pay Off a Mortgage Early

John Corron, CFP®, Wealth Advisor at Abaris Financial Group – What are some of the major considerations to think through when deciding whether or not it makes sense to pay off a mortgage early? I highlight a few in this video, which should be a core part of the decision process in finding t …

1 2 3 4 93 94 95

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation

TweetsFollow Us