photo by E l u s i v e E y E

Finding a financial advisor can be daunting. This is because the title “financial advisor” is not regulated, and advisors range the gamut from annuity sales people to insurance agents to registered money managers.

Who you select to be your financial advisor is largely dependant upon your goals, financial situation, state of life and investment style. If you are just looking to buy insurance, there are certainly no problems buying from an insurance agent. But, if you are interseted in investing in your 401k or other funds for long-term growth, it is crucial that you understand how to select the top money managers that will help you grow your instement portfolio over time.

You should ask the following 7 questions before you select a financial advisor. We also invite you to watch a short video for additional information on How To Select A Financial Advisor.

#1 - Is the advisor a fiduciary advisor? Do they have the legal obligation to put your interest ahead of their own?

#2 - Does the advisor have at least 10 years of experience? 

#3 - Can the advisor produce a clear report that shows exactly what their track record has been over the years?

#4 - Does the advisor have a conflict of interest? Are they paid based on a commission for selling you a product you may not need?

#5 - Do they have a surrender charge? Are you free to move your money out of an investment if you are not satisfied?

#6 - How will your funds be protected? 

#7 - Will the advisor work with you to determine your risk tolerance and make sure your investments are in line with your ability to tolerate risk? 

To download the complete article visit paragonwealth.com. 

Paragon Wealth Management is a provider of managed portfolios for individuals and institutions.  Although the information included in this report has been obtained from sources Paragon believes to be reliable, we do not guarantee its accuracy.  All opinions and estimates included in this report constitute the judgment as of the dates indicated and are subject to change without notice.  This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.  Past performance is not a guarantee of future results.

photo by istock

A few years ago I was fishing with my daughter at a Strawberry Reservoir in Utah. The snowcapped mountains surrounded us, and the sun was shining. It was so beautiful and peaceful there.

As we sat on the fishing boat, I thought about my company, Paragon Wealth Management. Our office is different than most financial advisors. It is decorated with beautiful outdoor pictures and leaves are painted on the walls. We also have a nine and a half foot grizzly bear, a bobcat and a leopard. We brought part of the outdoors inside.

While we were fishing, I thought about the “Paragon Experience.” Our fishing trip reminded me of the experience we hope to provide our clients. It is not the typical financial advisor/Wall Street type of experience. It is something very different. We do our best to make their experience enjoyable and worry free. We treat their money as if it were our own. We treat our clients like family.

Our clients can talk to our exceptional client service team at any time if they have questions about their accounts or they need anything. Our team is always there for our clients’ needs.

We invite you to discover the “Paragon Experience” if you have not already. Visit our blog, www.moneymanagerslive.com to see photos of Paragon’s office. To learn more about Paragon and the “Paragon Experience,” visit our website, www.paragonwealth.com, or call 800-748-4451 to speak with a financial advisor for a complimentary portfolio review.

written by David Young, President of Paragon. You can contact him directly via email, dave@paragonwealth.com.

Paragon Wealth Management is a provider of managed portfolios for individuals and institutions.  Although the information included in this report has been obtained from sources Paragon believes to be reliable, we do not guarantee its accuracy.  All opinions and estimates included in this report constitute the judgment as of the dates indicated and are subject to change without notice.  This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.  Past performance is not a guarantee of future results.