Being prepared is half the battle ✅📓
“What are the benefits of working with an adviser? What should I prepare before seeing an adviser for the first time?”
This week in ‘Ask an Expert’, Rachel C, a professional financial adviser, will be answering these questions. If you’re new to the world of financial advisers and are feeling a little intimidated by the whole ordeal, don’t worry. We’ve been there. To help you alleviate the stress, we’ve asked Rachel for tips for that first and most nerve wracking meeting.
Although there are a couple of things you’ll need to have prepared, the main thing to do is to stay relaxed. Having a good understanding of the financial structures you have in place will be enough to get through the first consultation; make a list of any debts, investments and work benefits (this includes health or life insurance, share options and pension schemes).
In essence, try to think of your first meeting as a bit of a fact finding mission; it’s basically an opportunity for you to understand the adviser and firm a little bit better, and for them to understand you and your needs. At the end of the day, it’s crucial that you feel comfortable with and are able to trust your adviser - finding the right match is the key to making the relationship worth your while.
You can read the full, incredibly insightful and practical checklist of how to best prep for a meeting with a financial adviser here.