Whether you’re buying a new home, inheriting money or navigating a divorce, financial advisors can help you make many of life’s most complex decisions. But to build a relationship that lasts, it takes trust. Clients need to be confident that you have their best interests in mind, and they want to feel comfortable revealing intimate information about their finances.

Financial Advisors You Can Trust: Choosing the Right Guidance

The right Financial advisors you can trust can guide you through the complexities of investing and retirement planning, and even provide expertise in areas such as estate planning, insurance, and taxes. But figuring out which one to work with can be tricky. It’s important to understand the meaning behind acronyms (CFP, CERTIFIED FINANCIAL PLANNERTM), and you can always check for red flags on your potential advisor’s background by reviewing their Form ADV or running a search of their professional history on FINRA’s BrokerCheck website.

In addition to the right credentials and experience, a good financial advisor will take a holistic approach, and be prepared to design and update a tailored financial plan for your particular situation. They’ll also be able to guide you through changes in the industry, new regulations or your personal goals — and stick with your plan during market turbulence. They may meet with you regularly, monthly or just annually and should be someone you feel comfortable confiding in, regardless of your wealth. Lastly, it’s important to know how they’ll be paid and make sure their compensation is in line with your own.