5 questions to ask your wealth advisor

5 Critical Questions To Ask A Wealth Advisor

How do we go from this?

To this?

When the markets might very well be looking like this?

1. Are you a Fiduciary ?

What is a fiduciary?Simply stated, an investment advisor who, by law, put their clients’ interests ahead of their own.It requires advisors to act in good faith and provide a full disclosure of fees, commissions or potential conflicts of interest.Many ‘brokers’ and representatives of big banks, unfortunately, are required to put the interests of their employers ahead of clients. This ultimately can provide biased advice.

2. What Is Your Experience Managing Investments ?

Do they have a strong background in:• Economics?• Both stocks AND bonds?• Alternative Investments?• Risk Management?• Trading?Or is their background in sales and gathering assets?

3. What (Exactly) Are The Fees I Am Paying ?

Fees can have a detrimental effect on investment performance and, ultimately, your ability to meet your financial goals.

Types of fees to ask about include:• Advisory• Commissions: trading, sales• Management fees on funds

including loads

4. What is Your Investment Philosophy?

• Can the wealth advisor clearly articulate their investment philosophy and provide examples of its success?

• How do they treat tax sensitivity?

• What types of investment vehicles do they use and why? Mutual funds? ETFs? Closed-end funds?

• What is the philosophy on passive vs active management?

• Can they define risk and articulate how it’s measured and managed?

5. How Will You Track My Progress?

As the markets and your life changes will your advisor adapt and change your financial plan?

Will your advisor help you to figure out where you stand in achieving your financial goals?

Can he/she help answer the question, “Am I on track to achieve my goals and if not what can I do to get there?”

RSD Advisors has clear, proven answers to these important questions.

Please contact us to hear our approach:

info@rsdadvisors.net347-689-2237

www.rsdadvisors.net

New York | Philadelphia