It's understandable why so many investors choose the easy route and rely on referrals from friends and family who have little experience managing money. It also shouldn't be shocking that less competent advisors who are also excellent marketers can attract clients, while competent but less slick financial experts toil in the shadows. People skills are crucial while seeking financial assistance because these are very private things, therefore you need to feel at least somewhat at ease with the person you're entrusting with your affairs. However, you must also do your homework before agreeing to work with an advisor. The procedure can be divided into two rather simple parts. The first step entails assessing your true needs in terms of consuming advice: What are you truly seeking for? The second phase, which I'll concentrate on today, is to use the knowledge you have gained about your own requirements and objectives to find a financial advisor who can assist you in achievi...