1)Because we are talking about your hard-earned money.
Years and years of sweat, tears and for the OFWs the pain of being separated from your loved ones just to earn a decent income. Imagine investing your money into something you don’t know at all just because someone said that it is a good investment. You are taking a lot of uncalculated risk by doing so, as Warren buffet said “Risk comes from not knowing what you are doing”.
2)Because a trustworthy financial advisor will always put your interest ahead of his.
You might think that financial advisors want your money. Somehow it is true because at the end of the day they also need to put food on the table. But noble it may seem, trustworthy financial advisors will always give financial advises that are best for you, not because they will make a huge profit out of it.
3)Because a trustworthy financial advisor walk the talk.
They practice what they preach, financial advisors are expected to lead by example not only to their clients but to the community as a whole. Those financial advises you got from him? More often than not, they are proven methods tried and tested by your very own financial advisor.
4)Because a trustworthy financial advisor is more than willing to help you when you need them.
Financial advisors know that their duty does not end when the deal has been closed, the paper works are all done. For them, it is just a start of lifelong partnership with their clients.
5)Because a trustworthy financial advisor does not promise heaven and earth just to get your approval
“99% guaranteed income for a low risk high return investment”.
Sounds good right? But trustworthy financial advisors don’t say those words but they level your expectations instead. We are bounded by our conscience to tell the truth. They make presentations as realistic as it could be, as accurate as it could be.
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The views and opinions posted by our bloggers do not necessarily state or reflect those of FinancePH, its management, employees and advisors. Our blog is intended to share the diverse opinions of our bloggers.
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