How do I choose a financial advisor?

Financial advisors offer more than just investment management. Consider what kind of help you need before you start your search. Not all financial advisors are created equal, look for advisors with professional memberships and certifications. Understand how your advisor is being paid.

Should you choose a traditional financial advisor?

Traditional financial advisors can meet with you in person and will be able to help you with all of your financial planning needs. High cost: This is often the highest-cost option. Many traditional advisors charge about 1% of your assets under management. Some advisors also require a high minimum balance, such as $250,000 in assets.

Where can I find a good financial advisor?

Online advisor marketplaces such as Harness Wealth and Zoe Financial, and many online advisors themselves, do the work of vetting a financial advisor for you. Look elsewhere if: You'd prefer to work with an advisor in person. » Ready to compare? Read our full roundup of the best financial advisors Feeling overwhelmed?