Compare Financial Advisors
How to Compare Financial Advisors
It pays to compare financial advisors because not all financial services companies are created equally. Does your advisor do the following:
Regard their clients’ interests above all else?
Maintain their Chartered Financial Analyst (CFA) designation?
Have a good and trustworthy reputation? (Read our reviews.)
Invest their own money similarly to how they invest their client’s money? (Read about our money here.)
Provide frequent updates and offer unlimited client meetings?
Conduct a formal comprehensive investment review and financial plan at no additional cost?
Provide free advice and recommendations for your third-party 401(k), ETFs, and mutual funds?
Customize an investment portfolio based on your own goals and objectives?
Research each investment as thoroughly detailed in our investment research process?
Possess a fundamentally sound investment philosophy and strategy?
Exhibit patience and self-discipline in times of extreme fear and greed in the markets?
Implement a true long-term investment strategy? (Read about Value vs. Growth stocks here.)
Have a retirement strategy that prevents you from selling stocks when the markets are down significantly?
Minimize your tax implications by tax loss harvesting and optimizing stock allocations across your taxable and retirement accounts?
Measure performance results honestly, openly, and accurately?
Disclose their full schedule of fees and commissions? (Compare our fees here.)
Continuously educate themselves and their clients?
Offer a no-hassle, money-back guarantee on their advisory fees? Learn more about our fiduciary guarantee.
At WealthArch Investment Services, we do all 18 and more. When you compare financial advisors we’re confident you’ll see that we go above and beyond to exceed our clients’ expectations. Our existing clients are our number one priority. In fact, in order to maintain the best possible service to our clients, we will accept no more than 100 individually managed clients in our firm.
We believe that having fewer clients allows us to spend more time on the important things like researching investments and developing better relationships.
If you’d like more information, NerdWallet has some additional points to consider when choosing a financial advisor.