Common Questions to Ask Financial Advisors
Working with a financial advisor is one of those pivotal life decisions—a milestone on your journey that can dictate the route of your financial future. It can be tough to know where to start when selecting a financial advisor or a firm to work with. Here are some of the key questions you should ask.
Why should I work with a fiduciary?
When managing your assets, we serve as your financial fiduciary. We believe when selecting a financial advisor, it’s important to know what their responsibility is to you as a client. Fiduciaries are required to act in your best interest, regardless of what they stand to gain or lose. By choosing a financial advisor based on a fiduciary standard of conduct, you can feel confident and expect greater transparency and visibility into the services your advisor provides.
What are the distinct benefits of working with Compass Investment Management?
We provide strategic thinking and practical perspectives to empower you to realize your goals. You’ll gain access to all the products and services you’d expect from a full-service investment management team, along with powerful technology, and personal service. We will share comprehensive and ongoing counsel on all aspects of your financial life, so you can be assured you’re in good hands.
Why should I choose to work with Compass Investment Management rather than doing the work myself?
We believe our clients appreciate our knowledge and counsel to guide them on their financial journey, whether they are just starting or planning for years. We partner with you in creating a financial vision and achieving your goals, so you always have the support you need. There are many questions to answer and strategies to consider, and we’re here to help hold you accountable to your vision, keep you on track in your planning, measure your progress, and make adjustments as needed. When you work with us, you can enjoy financial clarity in knowing you have a trusted partner seeing you through.
What is your investment approach?
We remain steadfast in our commitment to a client-first philosophy, which means we develop customized plans designed to pursue your objectives. We’re here to help you realize your financial vision, and we accomplish that by building a trusted partnership with you that we hope and expect will last for many years.
We tailor our regular meetings to your needs and schedule, and we’re always available any time you have questions, concerns, or just want to connect. We can meet in person, via phone, or web conference...whatever works best for you.
What type of client is a good fit for Compass Investment Management?
We’ll be a good fit for each other if you’re aligned with our commitment to building a meaningful, long-term partnership. Whether we’re celebrating a major milestone with you and your family, providing a steady hand during uncertain times, or simply taking the time for thoughtful conversations, we know that relationships matter, and we’re invested in your success.
How can I start my relationship with Compass Investment Management?
It all starts with getting to know you. We’ll talk about your goals, concerns, expectations, and how we’ll work together—setting the stage for a successful partnership. Then, we’ll gather data, diving into the full scope of your financial world. Next, we’ll create and share a detailed financial plan tailored to your needs. We’ll then work together to make decisions and implement your unique plan. Of course, ongoing monitoring of your portfolio is key, so we’ll constantly review it to help ensure your assets remain adequately diversified and aligned with your financial goals.
It all starts with an initial consultation. Contact us and let’s get started on the journey to realizing your financial vision.