Building the Relationship with a Financial Advisor
Whether an advisor is a regular partner in your financial decisions or just someone you turn to for a checkup and fine-tuning of your own strategy, you will be best served by building a relationship over time.
That means calling with questions and concerns, arranging the occasional meeting or lunch when there is no pressing business to transact, and more. Many advisors produce a client newsletter, or get one from the financial services firm that clears their transactions; read them, and correspond with the advisor when something strikes a chord.
That's particularly true when you know that the newsletter is the advisor's "baby," her personal platform.
Advisors don't necessarily have time for chit-chat, so plan your calls and meetings. Gather your concerns and questions, the articles that spark your questions, and more. If your planner encourages e-mails from clientsâand you should askâdon't be afraid to forward items that you believe could affect you.
Over time, you and the advisor both will get a better sense for each other. That will be important in the long run, as circumstances change and you need to adjust your financial plans to suit your new reality.