FREE REPORT

          "The 5 Costliest Questions You've NEVER Asked Your           Financial Advisor" 

Your current Advisor hopes you never read this report! 

You need help with your investments. But how do you find the right advisor for your needs and goals?

Where do you start?

Which advisor is right for you?

How do you know you are asking the right questions?

Selecting an investment advisor can be a daunting task. Answering the following questions will improve your chances of success.

Question # 1: What do I want to accomplish?

The most important question you can ask is one you ask yourself. It is essential to know what you want to accomplish. As Steven Covey said, “put first things first.” • Do you want to manage your own investments?

Do you want advice on how to manage your investments?

Or, do you want to hire a skilled manager to direct your investments for you?

These are different questions, requiring clear but distinctive answers. For example, if you determine that you would like advice on how to manage your investments, then you need to be prepared to take responsibility for your investment’s performance. That is because advice is just an opinion or recommendation about what should be done. Ownership for your investment’s performance still rests squarely on your shoulders.

That’s because most advisors are great at getting you into investments, but they do nothing to get you out of those same investments when they turn bad.

On the other hand, if you hire a portfolio manager to manage your investments, then by definition that manager is taking ownership and responsibility for the performance of that account. Thus, all you need to do is monitor that manager’s performance, because good performance leads to great investment RESULTS.

Question # 2: How do you get paid?

That is the MOST important question you can ask any potential advisor. Why is this question so important? Because aligning compensation with your goals, growing your account, is the most powerful way to ensure your goals are realized.

Advisors, financial planners and money managers are compensated in many different ways, but the majority of advisors charge commissions or fees, or both.

Commissions: Commissions or sales charges come in several forms. First, you pay a commission when they buy or sell a stock, bond, or Exchange Traded Fund (ETF). You may also pay a commission when an advisor sells you a mutual fund. These types of commissions are often called sales loads or sales fees. Commissions tend to work best when you know exactly what you want, or if you only plan to make very few transactions.

The problem with commissions or sales loads is that you PAY the advisor up front.

Imagine if realtors were paid up front to sell a house. What incentive would the realtor have to ensure the house actually sells? Zipo!!! Additionally, commissions can often drive a product sale, which may...

Get the full report now, just enter your Email below.

©2007 Talisker Investment Group, LLC.  A Registered Investment Advisory.  All rights reserved.