1
Failing to verify a financial advisor's qualifications and credentials can lead to poor advice.
Not Checking Credentials
2
Overlooking whether the advisor is a fiduciary who prioritizes your best interests can result in conflicts of interest.
Ignoring Fiduciary Duty
3
Not fully grasping the fee structure can lead to unexpected costs that erode your investments.
Neglecting to Understand Fees
4
Not considering whether the advisor's communication style matches your preferences can lead to misunderstandings.
Ignoring Communication Styles
5
Choosing an advisor without relevant experience in your financial situation may result in inadequate guidance.
Disregarding Experience
6
Failing to research the advisor's track record and client reviews can lead to subpar financial guidance.
Forgetting to Review Track Record