What to Look for In a Kalamazoo Investment Advisor
When planning for your financial success, it pays to enlist the help of an experienced investment advisor. Investors can help you plan for retirement, build your business, and define real financial goals. But, if you’re just starting, it can be daunting to choose from the sheer number of financial advisors available.
So, today, we’re not going to give you investment advice. Instead, we’re going to advise you on how to choose the best advisor – or firm – for your needs.
Step 1: Create a Map of Your Financial Future
Before anything else, you’ll want to write down exactly what you hope to gain from your financial advisors. What services do they offer that you need? If you’re unsure of exactly what you need, you can likely get ideas from each firm’s website.
If you need wealth management, you’ll want to be sure potential firms offer that service. Or, if you need help budgeting, you’ll want an advisor who offers those services.
As a first step, you can use this list to pare down the complete list of financial advisors to a more manageable size. And, once you’ve narrowed your options down to a top three, it’s time to move on to the next step.
Step 2: Define What Kind of Firm You Need
When choosing someone to assist with your finances, you want to ensure that it’s convenient. At Wiser Financial Group, we offer two primary types of advisory services: traditional and virtual.
- • Traditional advisors: Traditional, in-person financial advisors are the most common type. For individuals with a high net worth, complex financial situations, or aggressive financial goals, traditional advisors are usually the best option.
- • Virtual financial advisors: Since the pandemic, clients are increasingly willing to shift their business online. In fact, a recent study showed that over 50% of Americans are willing to work with an online advisor. Virtual advisors are a great way to get top-quality, personal service without the hassle of in-office meetings.
Step 3: Find a Team and Schedule a Meeting
As a final step, you’ll want to meet with your potential advisors. If they’ve made it this far into the process, they offer the right services and deliver them in the right way. But, what if you don’t gel with them?
Hiring a financial advisor is all about trust. Whether it’s your home, your business, your wealth, or your investments, you need to fully trust that your advisor is committed to positively shaping your financial future. So, before you pull the trigger and sign a contract, be sure to sit down, talk to several financial advisors, and get a feel for who they are.
Talk to Our Experienced Financial Advisors
With decades of experience, Wiser Financial Group is one of the most trusted financial advising firms in Michigan. As an independent agency with a dedicated staff of experts, we can help with retirement planning, wealth management, life insurance, and more. If you need help planning for financial success, don’t hesitate to contact us.
Are you ready to get started?
If you’re eager to begin your financial journey, the team at Wiser Financial group is here to help.