HOW DO YOU PICK A FINANCIAL ADVISOR.

WHAT DO TITLES MEAN?

• Financial professional.
• Financial advisor.
• Registered investment advisor.
• Investment advisor representative.

FINANCIAL PROFESSIONALS

• Series 6 and 66 licenses.
• Life insurance license.
• Limited product line
• Focused on Life Insurance, Annuities, and other insurance products, mutual funds.
• Normally Insurance companies

FINANCIAL ADVISORS

• Series 7 license
• Possibly 65 and 66
• And life license.
• Can be a fiduciary depending on licensing.
• Stocks, Bonds, some complex investments.
• Wire house

INDEPENDENT ADVISOR

REGISTERED INVESTMENT ADVISOR

INVESTMENT ADVISOR

• Fiduciary
• Experienced
• Experience is limited to exposure to investment products, and companies they represent.
• Charge a Fee to manage accounts, as opposed to commissions.
• Consultation services.

BROADER RANGE OF SOLUTIONS

• Traditional investments
• Stocks, bonds, mutual funds
• Alternative options.
• Cell phones, storage units
• Apartment’s
• Amazon shipping warehouses.

WHY CARE?

• Limited or expensive solution to complex tax or financial issues.

CERTIFIED FINANCIAL PLANNER