I remember the first time I deal with someone in a bank branch. They gave me a bunch of options and yet I still felt like I was overwhelmed with the decision making process. I didn’t know where I was financially, I didn’t know exactly what my actions meant for me and I didn’t know what changes needed to be made.
For families, each member must be on side with choosing the person handling their financial affairs. It is a big responsibility for both the family and the advisor.
The government of Canada has an list of 16 questions that can be a good conversation starter. In this video we review those questions and answer them about our firm.
It’s a great resource and can be found here: https://www.canada.ca/en/financial-consumer-agency/services/savings-investments/choose-financial-advisor.html
In this episode we discuss:
- Why work with an advisor
- How the term financial advisor is used in Canada and if it is regulated
- How advisors are compensated
- The 16 questions to ask a financial advisor
If you found this helpful then please share it with someone else and reach out to us so that we can answer any questions that you may have.
This report is provided by TK Dale Wealth Management Inc. It is for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes. The views and opinions expressed may change at any time based on market or other conditions and may not come to pass. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. The information contained in this report has been drawn from sources believed to be reliable, but is not guaranteed to be accurate or complete. This report contains economic, investment and market analysis and views, including about future economic and financial markets performance. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. TK Dale Wealth Management Inc. is not liable for any errors or omissions in the information, analysis or views contained in this report, or for any loss or damage suffered.