How can I check out the reliability of a financial advisor?
Haley asked:
I went to an evening seminar given by a financial advisor that specializes in financial advice for retirement. I am not in the business field, so how do I know this fellow is on the level? I don’t want to give out important financial information to someone I don’t know anything about. His name is Trae Wieniewitz, formerly of Louisiana. He now has a business in Knoxville, TN area called Wieniwitz Financial.
Mr. Wieniewitz is CLU and CLA. The brokerage check site was very helpful also. Thanks.
Financial Advisor
I went to an evening seminar given by a financial advisor that specializes in financial advice for retirement. I am not in the business field, so how do I know this fellow is on the level? I don’t want to give out important financial information to someone I don’t know anything about. His name is Trae Wieniewitz, formerly of Louisiana. He now has a business in Knoxville, TN area called Wieniwitz Financial.
Mr. Wieniewitz is CLU and CLA. The brokerage check site was very helpful also. Thanks.
Financial Advisor
Financial Advisor Las Vegas
I would ask some friends or co-workers if they work with a Financial Planner at all. They might be a valuable source in finding a reliable advisor. Also, find out if Mr. Wieniewitz carries any professional designations… like CFP (Certified Financial Planner), ChFC (Chartered Financial Consultant), ChFA (Chartered Financial Analyst), CLU (Chartered Life Underwriter), etc. I am studying for the CFP and I know their website will verify if someone in your area is a CFP or not. Their website may also be a good source of finding a reliable, credible, and accredited financial advisor.
CFP Board of Standards website:
I look at it this way… I would not go to a Financial Planner without a designation, because I wouldn’t have my taxes done by some one who isn’t a CPA.
I hope this info helps. Good luck finding a good Financial Advisor.
Financial Advisor Las Vegas