Understanding your situation is key to finding the right financial advisor. It could be that you are looking for someone who can help with specific financial planning issues, such as retirement planning or tax advice. Or perhaps you are interested in receiving ongoing advice about managing your investments. Whatever it is, knowing what you want will determine where you look and so narrow down the list of potential candidates.
Once you have an idea of what type of services best suits your needs, check out the American Institute of Certified Public Accountants’ website for ideas on how to find a good candidate. The site states that your first step should be to talk with people you trust, such as family members or trusted friends. You may also want to ask them if they have a financial planner they would recommend. If you feel comfortable with this approach, it’s a great way to ask for personal recommendations from people who know your situation and have experience with the person in question.