This Element is an excerpt from Who Can You Trust With Your Money? Get the Help You Need Now and Avoid Dishonest Advisors (9780137033652), by Bonnie Kirchner. Available in print and digital formats.
Recognizing the red flags that can appear while you’re searching for a financial advisor.
Red flags can pop up at various stages during your journey in search of the perfect advisor. Pay attention to them: They’ll help you narrow down your list of potential candidates, and they might save you a lot of grief down the road. First, as you collect names of potential advisors to interview, do a FINRA broker check.