You’ve worked extremely hard over the years to build your savings for retirement. What could be more important than making sure you are getting the best retirement advice.
Believe it or not, there are more than 400,000 people in the United States that call themselves financial advisers; however, there are only handfuls that are true professionals in their field that can give you the right kind of financial advice.
Donald M Fink has been advising and helping high income individuals and business owners with strategies for over 40 years, my first and foremost advice to my clients when looking for an adviser is to: Make sure that they put your interest ahead of their own.
Secondly, do your due diligence and check out their credentials. Your retirement is no joke, and you want to make sure that the adviser is the right fit for you. Do not fall for someone who is over promising on your future returns.
As you interview your adviser, ask them whether they charge a fee and / or how are they being compensated. Please note, that fees for Mutual Funds are separate from the adviser fees.Always ask for reference of their current clients. If the adviser is hesitant to provide one, you need to walk away.
Lastly, the biggest mistake that most clients make is getting into an investment that they do not understand. Ask your adviser why an investment is the best for you and how will it meet your long-term investing objectives. Be critical and do not settle for mediocre answers.
Donald continues to consult with private clients in the areas of estate planning, wealth management and asset preservation and to this day maintains Life & Qualifying membership and Honor Roll status in the Million Dollar Round Table (MDRT).