• Questions to Ask Fin Advisor Header Image
  • Prospective Advisors

  • When considering a new financial advisor, there are a number of questions that you should ask. Here are a few of the most important:

    • How many years of experience do you have and what is your background?
      The more complicated your situation, the more seasoned your advisor should be.
    • What does your typical client look like and how do you get new clients?
      It's a good idea to have an advisor who is experienced with your circumstances. (e.g., self-employed, medical doctor, high-net-worth individual, etc.). First Tennessee Bank, offers access to several financial services targeted to specialized groups. Learn more
    • How do you stay on top of the changes in your field?
      With changes to regulations and product features, it is critical that your advisor take action to stay current and knowledgeable of your situation.
    • How often should I expect to hear from you?
      You need to know how often your advisor will communicate with you and in what manner.
    • How do you get compensated for your work?
      Understanding whether your advisor gets commissions for sales or is paid an hourly or asset-based fee for advice can help you identify conflicts of interest.  

    If you are considering a change of advisors, and you are not already working with FTB Advisors, Inc., please consider putting us on your short list. We will be pleased to meet with you and present our qualifications.

     

    ©2013 M.A. Co. All rights reserved.
    Any developments occurring after January 1, 2013, are not reflected in this article.