If you are like many successful individuals, you and your family already have a relationship with a financial advisor. You may even work with several financial advisors. If you are completely satisfied with these relationships and confident that your finances are on track toward helping you achieve all that is most important to you, we congratulate you.
However, you may not be entirely satisfied. You may be wondering if there is a financial advisor who is better-suited to address your family’s very specific financial challenges. You may want assistance on financial issues beyond investments, such as estate planning or wealth protection. Or you may just want to make sure that you are receiving the quality of guidance you deserve as you navigate today’s uncertain economic climate. If so, you’re not alone. In fact, industry research reports that more than four out of five surveyed investors with at least $1 million in investable assets have planned to move to new financial advisors.
To help you find out if you are currently being served well, one of our personal financial concierges will introduce you to a financial advisor who has been carefully selected for his or her ability to address your particular needs. The financial advisor will then meet with you and provide you with a second opinion on your finances. There is absolutely no cost or obligation to you.
Why do we offer this service? Because at Financial Advisor Select, we have just one purpose: to help successful individuals and families make better-informed financial decisions by connecting them with top financial advisors in their communities. Through our second-opinion service, you will be able to quickly determine whether working with the financial advisor we introduce to you is the right choice for you and your family.
Here is what to expect from our second-opinion service:
A Financial Advisor Select personal financial concierge meets with you to conduct a brief interview concerning key attributes that will help us determine the optimal financial advisor for you. This telephone meeting will take about 30 minutes.
Using the information we gathered during our Exploratory Meeting along with our proprietary matching program, we select the financial advisor best positioned to address your specific financial concerns while providing you with outstanding service. We will provide to you a video introduction and an in-depth profile of the selected financial advisor.
The financial advisor we have recommended to you will contact you to schedule a Discovery Meeting. He or she will also help you prepare for the meeting by providing a list of the financial paperwork you should bring to the meeting to make the meeting as productive as possible.
During the Discovery Meeting, your selected financial advisor will work with you to create a Total Client Profile—a comprehensive view of your most important values, goals, relationships and interests, as well as your assets, other professional advisors and preferences for working with advisors. The Discovery Meeting typically lasts 90 minutes.
Your selected financial advisor presents to you an investment plan, which details where you are now, where you want to go and the financial advisor’s recommendations for addressing any gaps that need to be overcome. If you are already being served well by your current financial advisor, the selected financial advisor will tell you this. At this point, you will be ready to decide about continuing to work with the selected financial advisor.
Following the Investment Plan Meeting, we check in with you on your decision about continuing to work with the selected financial advisor. If you are continuing, your next step will be the Mutual Commitment Meeting. If you are not satisfied with the selected financial advisor, your personal financial concierge will introduce you to another financial advisor and schedule another Discovery Meeting.
The second-opinion service is only the first step. It focuses on assessing your investments because they are typically the top concern of successful families. But we know that investments are not your only financial concern. More than likely, you are also concerned about one or more of the following key financial concerns: mitigating your taxes, taking care of your heirs, protecting your assets and making a meaningful charitable impact. To address all these concerns, you need comprehensive wealth management.
Should you choose to work with the selected financial advisor, you will enjoy all the benefits of wealth management. Find out what this will mean for you and your family.
¹ Source: The Wall Street Journal, "Wealthy Investors Stage Revolt Against Advisors," September 30, 2008.