Cryptocurrency Q&A How do I know if a financial advisor is legit?

How do I know if a financial advisor is legit?

Carolina Carolina Mon Oct 07 2024 | 0 answers 0
If you're wondering how to discern if a financial advisor is legitimate, there are a few key steps you can take. Firstly, check if they're registered with a reputable regulatory body, such as the Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC). This will ensure they're adhering to industry standards and regulations. Additionally, look into their professional background and experience, as well as their credentials and qualifications. Ask for references from past clients, and research their reputation online. Be wary of any advisor who makes promises of guaranteed returns or high profits with little to no risk, as these claims are often too good to be true. Finally, ensure you fully understand any investment recommendations or strategies they propose before making any decisions. How do I know if a financial advisor is legit?

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