If you want to see a wealth manager or adviser it’s a good idea to meet a few so you can compare the services they offer and find out if they’re right for you. Here are some questions to get you started.
Q1: How do you charge for your services – fee or commission?
Q2: What are other costs/ charges?
Q3: What services do you offer? Are you independent or restricted?
Q4: If you’re not independent, can you recommend products from across the market?
Q5: How long have you been a financial adviser and what are your credentials?
Q6: What’s the overall profile of your clients? Are they similar to me?
Q7: Will you give me ongoing advice and how frequently should we meet?
Q8: What’s your investment philosophy?