It’s a question the vast majority of Americans face:  Do you ‘go it alone’ when it comes to planning your financial future, investments, and savings plans; or do you get the help of an ‘expert’ to guide you through the process and ensure you get the most bang for your buck?  If one doesn’t have the time, discipline, and knowledge to manage their finances on their own, they often choose to seek financial help.  

But to whom do you turn to and trust?

Hiring a financial professional is a personal decision (and a very important investment) but here are a few tips to guide you in the right direction:

• I may be biased in my view but I’m confident you will greatly increase your probability of success by partnering with an independent firm and working with an advisor whose interests are aligned with yours.   
• Consider a professional who invests their own money in a similar way they would invest your money, and can show you how they performed through a variety of market cycles.  Too many financial professionals make their money from selling you high-commission products and not from being successful investors themselves.   
• Someone who is willing to constantly educate you about the financial markets, economics, diversification, retirement income, and risk management.  I do this for free through my radio show, seminar series, and this blog. 
• And last, the person you hire should exhibit an understanding of the Big Picture and the long term, and who is committed to enhancing your bottom line rather than their sales agenda.

KEY POINT:  In any market panic or economic uncertainty, people tend to ask themselves, “Is my money safe?” then take the necessary precautions so that all is well.  The realm of investments and finance is not an exact science but by keeping the above points in mind you will likely maintain the necessary discipline for financial success, better understand the investment process, and give yourself more free time and greater peace of mind.     

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