Welcome to HoustonFinancialAdvisors.com, a website to help investors get educated on the many aspects of hiring or switching financial advisors. With hundreds of financial advisors to choose from in the Houston area, it is no wonder that investors can quickly become overwhelmed. Please use this website as a tool to help you make a more informed decision when hiring a qualified financial professional.
Where to check out your financial professional:
When considering a financial professional, it may be wise to check their background for any red flags. Two places to check out your financial professional, the firm at which they work, and other representatives they work with are:
FINRA’s BrokerCheck:
SEC’s Advisor Info
Questions to ask prospective financial advisors:
Below are some questions you should ask prior to meeting with a financial advisor in person.
- What services do you offer? (financial planning, investment management, advice, etc?)
- What licenses do you hold?
- Are you a broker, investment advisor, financial planner or any combination of these?
- Are you legally required to act as a fiduciary and always act in my best interest?
- What are the potential conflicts of interest when providing my advice related to investments?
- How are you compensated?
If you have a financial advisor already, and would like to know the answers to the questions above, please visit AskYourInvestmentAdvisor.com to get answers. This online tool will help you draft an email with the questions you select in minutes. To use the tool, click here
This tool will help you:
- find out how your money is being managed;
- what you’re paying in fees and commissions;
- gather information from your advisor regarding taxes;
- determine the risk of loss in your portfolio;
- and more.
To visit AskYourInvestmentAdvisor.com, click here