Why Bringing an Attorney to Speak With Your Financial Advisor Can Win You Brownie Points
The beautiful thing about having that attorney by your side is this — legal protection. That’s not to say that a financial advisor, for instance, would try to scam you (although you might find a few who would). But even the best financial advisors out there have a hard time really explaining how things work to a client who knows absolutely nothing about the business. An attorney, however — especially one well versed and specialized in finance, investments, and business law — can work with your advisor and get things squared away without you having to pick your own brain and move some shelves around just to get through the mass of ripped-up books and insanity! (What a metaphor, right?)
Your Attorney Is Your Representative. Oftentimes That Attorney Even Speaks for You.
No worries, though, on having to shell more and more money on retaining an attorney (unless you’re smart and go with our legal plans with Cloud Based Bookkeeping!). You just might even need a friend who works as a lawyer, and you’re just bringing him/her along to your consultation with said advisor! No harm there. There’s no law or stipulation any financial advisor can impose that says the consultation has to be a one-on-one deal. Go ahead and bring a friend and introduce your friend to the advisor as you’re beginning your appointment. Heck, let your friend (who just might be an attorney) take plenty of notes while you listen and absorb everything there is to know about the person as well as the service.
You could very easily weed out the bad apples of a bunch and get the gems to work with, because that attorney friend of yours just scared off the scammers from ever trying to swindle anybody.
Plenty of Other Questions to Ask
That’s the beauty of the consultation with a financial advisor — or even an attorney, for that matter. That’s your time to get the goods on the individual across from you. You have a right to shop around, investigate, and pick the brains of the many, so you can get a hold of the few. And then the one who will serve you in managing your finances, investments, taxes and other important factors in your life. Including those messed-up books in your brain.
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