9. Do you need any information from me which will help you to give me a financial advice?

Financial advisors may ask you many questions regarding your overall circumstances and needs to add in their information list.. By asking this question he will focus on giving you financial advice that is right for you. An adviser should always ask about their client’s income and expenses, what they own and what they owe, client’s dependents and their financial goals for both short and long term. Also they should not forget to discuss your insurance needs and things such as social security, estate planning or business succession planning, in addition if these topics are relevant to you.

10. Take in writing

In order to maintain a file for future reference, do not forget to ask you advisor to provide you with a written agreement with all the details of services provided by him.

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