Reason #1: Why should anyone talk to an advisor?
Some people think there’s no need to talk to an advisor.
But an advisor can be a valuable ally in helping you create a plan. The right advisor by your side can help you:
- make better financial decisions,
- understand where your money is going so you can manage it better,
- get protection for your family in case something happens,
- plan for your retirement, and
- find ways to save more money.
Each advisor is different and approaches the first meeting in their own way. For Roger Tobon, it’s an opportunity to introduce himself and explain what an advisor does. Or doesn’t do.
“My first job is to listen. To get an idea of the Client’s financial situation. And to find out what their priorities are. That’s what I put on my business cards. I’m here to advise you, not to make decisions for you! People are free to make their own decisions, as long as they have all the facts.”
Here are some questions your advisor might ask to get to know you better:
- What are your major life goals in the short, medium and long term?
- What’s most important to you?
- Do you need an emergency fund?
- What does your dream retirement look like?
The more information you can share, the better. What if you can’t find all your financial statements? Not a problem! Whatever you can pull together will be enough to get the discussion going.