How to Select a Financial Advisor

With the start of the new year, we know that many people are looking to find a way to organize their finances, set and achieve financial goals, and end the year 2022 better than how they started. Read more to find out some tips in selecting a financial advisor and ways to narrow down which path is right for you.

Do I need a CPA? 

With every new journey, you are about to embark on to achieve your goals, the first step is always deciding what route is going to be the best option for you. 

CPAs are different from CFP(r) Certified Financial Planner, as CFP(r) center around your financial situations, goals, and helps you find financial freedom.   CFP’s work with CPA’s but focus on a bigger picture than just taxes.

>> Related: Check out Our Approach<<

Looking for a Fiduciary?

Here at AO Wealth Advisory, we can meet the needs of your financial situation and serve as a fiduciary in these different situations. A fiduciary is someone who is required by law to provide you with the best interest of you. 

While this is the goal and intention of each of our clients, we make sure to incorporate these principles into our overall mission of earning, investing, and giving. 

>> Related: Meet Our Team <<

Relationships matter when selecting a financial advisor

Money can be a very personal thing for many individuals and families, meaning it is not something that most people would feel comfortable talking about to anyone they meet. 

Because of this, you must be working with someone who you enjoy while discussing your finances. A study found that aside from the dentist, financial advisors/financial planners are someone individuals dread going to, because of the topics that are being discussed. It is important that you have a good relationship or feel comfortable around your CFP(r).

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With AO Wealth, we want to make sure you have someone who can help you help yourself to stay accountable and consistent. Our online portal allows you to see your goal in progress and where your finances are in your stage. Money and spending can sometimes feel like it's hard to visualize and manage, so this is a great tool to let you remember your goals, where you started, and where you are headed. 

Advisory services are offered through A.O. Wealth Advisory, LLC, a registered investment adviser.