The Right Way to Hire Financial Help: A Complete Guide to Choosing and Managing Brokers, Financial Planners, Insurance Agents, Lawyers, Tax Preparers, Bankers, and Real Estate Agents

by Charles A. Jaffe

Hiring financial help is a task that many otherwise savvy people approach the wrong way, opting to go on recommendations from family and friends, chance encounters, or advertisements rather than on sound research. In witty, highly readable prose, nationally syndicated columnist Charles A. Jaffe takes the reader through the basics of how to locate appropriate candidates, understand their credentials, check references, conduct initial interviews, maintain control of the relationships and ones finances, and fire an advisor who is not working out.

The book contains guidance on hiring and checking the backgrounds of seven types of advisors—brokers, financial planners, insurance agents, lawyers, tax preparers, bankers, and real estate agents—as well as specific questions to ask to determine whether an advisor is a good, qualified match. In addition the book offers guidance on how to help the advisors function as a team. The author's aim is to help the reader assemble and manage a pool of advisors to serve every major need for the rest of a financial lifetime.

344 pages, Paperback

First published March 9, 1998

Reviews

[Dideed · Rating 4 out of 5]

It's important to find someone you can trust and who understands your financial goals. Start by asking for recommendations from friends or family and researching potential advisors’ credentials. It’s important to interview a few candidates to see if their approach aligns with your needs. Don't forget to check their references and reviews. If you’re looking for more personalized service, consider consulting with a local institution like rio grande credit union, they often provide financial counseling services and can help guide you in the right direction.