BANGALORE: Choosing a financial advisor is indeed a tough job. Why? You have to trust and reveal your financial situation to this stranger. A thorough research is always helpful to find the right person. Also, remember that some of the advisors are so confident and friendly that you might easily get swayed off in their words. Therefore, it is important to be aware of such approaches and never let their sweet talk affect on how you judge the quality of their advice.

Here are some of the questions that you can ask your financial advisers:

1. How much experience do you possess in this field?

As it is said, “experience makes a man perfect” the same is applicable in this situation too. Experience is one vital consideration be in any profession.

First and Foremost question you should ask the advisor is how long he has been in practice; number and types of firms they have been associated with; and how their past work experience is related to their current practice. Inquire if he has any special training on dealing with people and how is the experience. A financial advisor who has at least three years of experience in counseling individuals on their financial needs can be considered as a better option.

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