Six questions. A better first conversation.
What to ask before you choose a financial advisor, from compensation to the relationship itself.
Original AI-assisted editorial illustration · Fortune 100 Brokers
A first meeting is a chance to understand how an advisor works. Bring a short list of questions and ask for explanations you can use to compare your options.
1. What does your service include?
Clarify which planning and investment services are part of the relationship and which require an additional engagement.
2. How are you and your firm paid?
Ask about direct fees, commissions, product costs, and other sources of compensation. Request a dollar example for your situation.
3. What interests could influence your advice?
Discuss potential conflicts and how the firm manages them.
4. What experience is relevant to my needs?
Ask about the advisor’s professional background and experience with people in circumstances similar to yours.
5. Where can I review your background?
Check registration and disclosures independently using Investor.gov or FINRA BrokerCheck.
6. How will we work together?
Discuss meeting frequency, who handles questions, and how the advisor will keep you informed. Ask for the firm’s relationship summary when available.
Sources & further reading
Official resources to explore alongside this guide.
For general education. These guides do not provide individualized investment, tax, or legal advice. Verify professional information independently and discuss your circumstances with qualified professionals.
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