When it comes to investing your money, it can be challenging to make the right decisions on your own. That’s why many people choose to work with a financial advisor who helps you make smart decisions with your money. Because there is a significant amount of trust involved, ensure that the financial professional you choose possesses the following traits.

What Should I Look for When Choosing a Financial Advisor?

1. Open Communication

No one wants to be left in the dark when it comes to their finances. That’s why an advisor must be willing and able to communicate with you regarding the goals and status of your funds. Along with responding to queries timely, they should also succinctly explain complex concepts.

2. Financial Experience

While general experience is necessary, your advisor should be well-versed in your specific financial area. For example, if you want help with investing for your retirement, choose a person with knowledge in this area. 

3. Attention to Detail

Financial management requires substantial attention to detail. A single typo or mistake could have grave consequences and may take considerable time and money to remedy. Additionally, a financial planner must also pay close attention to your goals when developing a strategy. 

4. Confidence

Lastly, your advisor must inspire confidence in you. A person with the right knowledge and experience will make decisions on your behalf, confidently. They’ll also have the conviction that the choices they made are the best for your financial situation and goals.

When you have lofty financial goals, McKinney Group Wealth Management has what it takes to help you meet them. Located in Bridgeton, MO, this wealth management firm can explain financial planning products in plain terms, so you know precisely where your money is going. If you’re concerned about healthcare in the future, they can also advise you on life and long-term care insurance. Schedule a free consultation with their financial advisors today by calling (314) 736-1490. Visit their Facebook for more financial tips.