Thinking of working with a financial professional? Or are you unsure of whether your financial professional is right for you? A financial professional can be a valuable resource in helping you reach your biggest goals, like retirement, college savings, and even planning your legacy.

However, not all financial professionals are right for all individuals. Your needs and goals are unique. Your financial professional should have the right experience and capabilities for your objectives.

Below are a few important things all clients should expect from their financial professional. Whether you’re looking for a new professional or want to reassess your current relationship, make sure you include these items as part of your due diligence.

Transparent Compensation

You likely know that financial professionals earn compensation from their advice and services. However, not all compensation is the same. Some earn commissions for selling products and investments. Others charge a flat fee, either based on specific services or as a percentage of assets. Some earn a blend of different methods.

There’s no definitive right or wrong answer on how a professional should be compensated. However, it’s important that you understand the compensation structure and are comfortable with it. If you can’t get a clear answer on how the compensation works, that could be a red flag.

Proactive Communication

Your relationship with your financial professional should be a partnership. You want someone who is invested in your success and who is actively looking for ways to improve or strengthen your strategy.

The most effective professionals have regular contact with their clients, either in-person or over the phone. They reach out to clients with new ideas and address any concerns or issues quickly. If your current financial professional doesn’t reach out to you with new ideas or recommendations, or if you have to contact them first to have a conversation, it may be time to consider alternatives.

Comprehensive Advice

Many people think financial professionals only provide investment advice. That may be true depending on your needs. However, your financial picture includes much more than just your investments. You have to make big decisions on a wide range of issues. How much should you contribute toward retirement? Can you afford that major purchase? Are you on track to pay for your child’s college? What happens if you die or become disabled?

Your financial professional should be able to provide recommendations and advice in all of these areas, even if it doesn’t lead to the sale of a specific product or investment. Again, if you’re not getting advice or input in all areas of your financial life, you may want to reassess your relationship with your financial professional.


Want to learn how a financial professional can help you reach your biggest goals? Let’s talk about it. Contact us today at Trinity Financial. We can help you analyze your needs and goals and develop a strategy. Let’s connect soon and start the conversation.

Licensed Insurance Professional. This information is designed to provide a general overview with regard to the subject matter covered and is not state specific. The authors, publisher and host are not providing legal, accounting or specific advice for your situation. By providing your information, you give consent to be contacted about the possible sale of an insurance or annuity product. This information has been provided by a Licensed Insurance Professional and does not necessarily represent the views of the presenting insurance professional. The statements and opinions expressed are those of the author and are subject to change at any time. All information is believed to be from reliable sources; however, presenting insurance professional makes no representation as to its completeness or accuracy. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. This information has been provided by a Licensed Insurance Professional and is not sponsored or endorsed by the Social Security Administration or any government agency.

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