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

The Too-Good-To-Be-True Dividend

Published by Brett Carson We’ve all heard the saying, “if it’s too good to be true, it probably is.” That’s how I feel about high yielding investments in this ultra-low rate environment. Just recently, my father asked me to look into a stock that was trading at nearly a 19% dividend yield t …

Applying for College Financial Aid

Published by Beth Schanou  Now that January has arrived, those with college aged students are faced with the task of completing the Free Application for Federal Student Aid (FAFSA). The FAFSA data gives a student access to financial aid and many states and colleges (public and private) use …

If It Walks Like a Duck and Talks Like a Duck, It Might Be a Bargain

Published by Rob Furlong A couple weeks ago, Heisman trophy winner Marcus Mariota led his team, the University of Oregon Ducks, to the National Championship game. During his three years as the team’s starting quarterback, he has accumulated impressive stats culminating in a senior year wher …

Qualified vs. Non-Qualified – I Don’t Get It?!

Published by Teresa Milner If you’ve ever engaged in a conversation about retirement and you heard the terminology of qualified vs. non-qualified but you had no clue what that meant – know you’re not alone! The following is a basic explanation of the difference:

1 2 3 89 90 91 92 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