Education, experience, referrals, and compensation are just a few things to consider.

Even though we don’t always think about it, when we choose a financial advisor, we’re bringing a professional into the inner circle of our lives the same way we do when we choose a family physician or attorney. Planning for your retirement requires a specialist who understands the ins and outs of Social Security, investments, asset management, and insurance.

And that’s before they think about your personal experiences. Working with a financial advisor is an intensely personal process that involves your income, taxation, investments, your dreams in retirement, and what and how you want to leave a legacy for those important to you.

You may want to consider beginning your conversation by asking, “What inspired you to become a financial planner?” Don’t be afraid to discuss financial investment philosophies and find out the ways you are compatible with an advisor.

As you seek a financial advisor or retirement planning specialist, you may find this checklist useful in making the right choice.

Planning Services Offered

  • Current Income Asset Management
  • Budgeting and Money Management
  • Goal Setting
  • Retirement Planning
  • Investment Review, Strategies and Planning
  • Pensions
  • 401(k)/IRA
  • Social Security Planning
  • Tax Planning
  • Estate Planning
  • Insurance products
    • Annuities
    • Life
    • Long-term Care
  • Educational Funding

Are you willing to sign a Fiduciary Oath?

  • Yes
  • No

How long has the advisor provided financial planning services?

How is the advisor compensated?

  • Fee-only
  • Commission
  • Fee-based (Fee and Commission)
  • Fee Offset

Is the firm a Registered Investment Advisor?

  • Yes
  • No

Services & Deliverables

  • Goal-setting Assessment – Worksheet/Tools
  • Retirement Planning Analysis – Written Review
  • Calculators
  • Interactive Planning Tools
  • E-books, Handouts & Resources
  • Written Recommendations
  • Implementation Processes
  • Metrics/Benchmarks
  • Dashboards to Track Performance
  • Provides Ongoing Advice

Educational Background

  • College Degree
  • Area of Study
  • Graduate Degree
  • Area of Study

Credentials & Professional Affiliations

  • Certified Financial Planner (CFP)
  • Chartered Financial Consultant (ChFC)
  • Certified Public Accountant (CPA)
  • Masters of Science, Financial Services (MSFS)
  • Financial Planning Association (FPA)
  • Other:

Has the advisor ever been subject to disciplinary action with FINRA (Financial Industry Regulator Authority) or the SEC (Securities and Exchange Commission)?

  • Yes
  • No

Discover more about Annexus retirement planning solutions

For more information about solutions to grow retirement savings, secure guaranteed income for life and create a legacy, please contact your financial professional and ask for products powered by Annexus.