*Ostroff, Fair and Company>>>Financial Services

What is the best way to find a financial advisor?

I would recommend going with a fee only financial adviser. A fee only adviser does not get money from commissions but will charge you a percent of your whole portfolio. Make sure that the adviser uses Charles schwab so that they have a good selection of funds. Ask what guide lines do they use for investment. An example of a guide line is (AIMR guidelines, Association for Investment Management & Research). The typical fee should not exceed 1% of your portfolio. For example if you have $10,000 in your portfolio the financial advisor should charge you $100 over the period of one year.

Hope this helps

the question is too open for a good answer so may i suggest a visit to daveramsey.com to learn some common
approachs to owning your money b4 it owns you or worse b4 credit slave cards own u.
U of H Knocks
Depends on what you are requiring a financial advisor for. However, many financial advisors will answer your questions online by finding a financial advisor or analyst blog.
http://www.mycreditapply.com/network...
The best way is asking people you know and trust. If none of your friends or family use one, check cfp.net, theamericancollege.edu, napfa.com, etc. Once you find certain financial planners in the area, check their credentials (CFP, ChFC, etc).

Some "advisors" are simply licensed to sell products. Advisors licensed as CFP have been through several courses and have years of experience to back up their recommendations. Most advisors will offer a free consultation with the option to continue meeting. You will get a sense of their worth during that first meeting with the type of conversation they can hold.

Good luck!

Ron, ChFC
Do you have friends or "friends of friends" that are well off? It is good to ask them who their favourite financial advisors are. My friend's mother never keeps all her money in one place. She has several financial advisors. Her net worth is several million dollars. (I also know one financial advisor personally).

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