External financial advice is very important, particularly, for established businesses. However, financial advisers have a mixed reputation in the market for their services offered feels Brian Linnekens. There is pool of financial advisers in the market but many of these are known for their insightful advice.

1. KNOW YOUR FINANCIAL NEEDS BEFORE HIRING A FINANCIAL
ADVISOR

2. External financial advice is very important, particularly, for established
businesses. However, financial advisers have a mixed reputation in the market
for their services offered feels Brian Linnekens. There is pool of financial
advisers in the market but many of these are known for their insightful advice.
Clear you doubts of hiring a financial adviser
The first and most important question to know is your requirement. You must
know whether you need advice or just information for your finances. For
people who are just seeking some information like what should be done with
pension etc. you can log on to several websites. These websites include
information about mortgages plus the best savings and credit card deals.
However, in case you are short of time and are not confident about your
finances, seeking financial adviser’s advice is crucial. An adviser can
recommend several appropriate products. Usually, advisers expertise are in
different areas- some are financial advisers while some are stockbrokers, tax
advisers etc. Make sure you hire an independent adviser who can recommend
you appropriate products from the market. Some of the pointers to hire
financial advisers according to Brian Linnekens are:

3. External financial advice is very important, particularly, for established
businesses. However, financial advisers have a mixed reputation in the
market for their services offered feels Brian Linnekens. There is pool of
financial advisers in the market but many of these are known for their
insightful advice.
Clear you doubts of hiring a financial adviser
The first and most important question to know is your requirement. You must
know whether you need advice or just information for your finances. For
people who are just seeking some information like what should be done with
pension etc. you can log on to several websites. These websites include
information about mortgages plus the best savings and credit card deals.
However, in case you are short of time and are not confident about your
finances, seeking financial adviser’s advice is crucial. An adviser can
recommend several appropriate products. Usually, advisers expertise are in
different areas- some are financial advisers while some are stockbrokers, tax
advisers etc. Make sure you hire an independent adviser who can
recommend you appropriate products from the market. Some of the pointers
to hire financial advisers according to Brian Linnekens are:

4. Understand how the adviser gets paid-
Some financial planners are paid a fixed amount during their tenure so they
don’t charge commissions for the services. On the other hand, commission
based planners don’t charge their clients for frequent visits rather they owe
some portion in the products and services. Fee-only advisers are rare so the
majority of financial advisers are commission based.
Know the alphabet soup-
A Certified Financial Planner (CFP) is a person who would be able to advise
you on the whole financial picture. However, the CFA is the person with
expertise in investing and CPA is a person tackling with tax issues. You would
have to choose the one who fits your requirements.
In current market scenario, picking the right financial help is really tedious.
Clients have to be extra careful about hiring the best one. If you hire the wrong
person, it could be disappointing for you in future. Finances have to be
managed by a person who is an expert in his area and trustworthy. Research
and planning is crucial and do as much as research you can to get the right
one.
Article Resource - http://www.brianlinnekens.net/know-your-financial-needs-
before-hiring-a-financial-advisor/