ADVICE MATTERS
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Working with your Advisor

Once you have chosen an advisor, the real work begins. Remember that like any relationship, an advisor-client relationship requires attention and continued maintenance. Ongoing, open communication is the key to a long-term partnership. If you know what to expect from your advisor and what the advisor expects from you, then you’ll both be off to a good start.

Your advisor’s responsibilities to you
  • Act in your best interest
  • Answer questions
  • Communicate and identify opportunities
  • Confirm expectations and investment needs
  • Disclose compensation
  • Discuss risks associated with recommendations
  • Identify opportunities
  • Make appropriate recommendations
  • Observe and adjust strategy
  • Recognize problem areas
  • Recommend other professionals/experts
  • Report regularly
  • Respond quickly

Your responsibilities to your advisor
  • Ask questions
  • Be committed to achieving your goals
  • Disclose information
  • Express your risk tolerance
  • Go to your meetings prepared
  • Keep advisor up to date on your situation
  • Keep documentation
  • Provide feedback about advisor’s services
  • Respond quickly
  • Stay informed about your investments
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