Skilled financial advisors do not have a specific view of them, even if they claim to have evidence of their ability.
To protect yourself, it is important to ask the type of questions that will show whether potential advisors have the level of skills needed to handle your financial matters or you should look somewhere else. If you are looking for certified financial advisors in Canada, then you can check out various online sources.
The following simple questions will help you determine whether the counselor being researched can really help with your financial affairs.
The first question you have to make is related to qualification. Quality and competence with advisors come in the form of relevant education, professional membership of financial advisory groups, and further certificates or qualifications that demonstrate ongoing professional development.
It is also important to ask about the length of experience in the financial industry, and in particular how long the individual has worked as an advisor. This should be considered as the first step in the process of selecting your financial advisor.
The second path of inquiry is related to payment for services. This question is important because financial planners can charge every hour, work for retainer and some commission based work.
Each of these payment channels attracts different cost levels, and this information will influence your chosen financial advisor. Pay to know in advance.