Finding the right financial advisor for your particular situation can be incredibly tough and time-consuming. To help you begin to filter through the many financial professionals, numerous articles have been written about what questions to ask.
I even wrote an article on the subject and outlined five key factors to consider:
1. Education and Experience
3. Fees and Conflicts of Interest
4. Standard of Care
5. Working Relationship
A factor I didn't mention was inquiring about an advisor's own financial situation. I asked several financial advisors to weigh in on whether they thought their own financial situation would be relevant to prospective clients, and most agreed sharing certain aspects could be helpful. Here's what you may want to ask a prospective financial advisor about their own finances.