Need help managing your money? With a Financial Advisor, you can start investing your money to grow your wealth and achieve your financial goals.
Talking about your finances can be challenging and personal, so it’s important you find someone who you can trust. It may take some time before you find an advisor who aligns with your values, but ultimately, it’s worth it!
You’re looking for someone who:
We met with Chrisner Ramos-Singh, Financial Advisor at Cambrian Credit Union and Aviso Wealth, to discuss what you should look for in an advisor. Here are a few questions Chrisner suggests using to determine if the fit is right:
Start by asking yourself this question: What are your financial goals?
Then, you can get more specific. What are the time horizons of those goals, and what do you want a Financial Advisor to help you with?
Are you looking to…
If you’re not sure what you need, that’s okay too! Your Financial Advisor can help you narrow your focus.
This will help you decide what you’re looking to achieve through working with a Financial Advisor – and in turn, find one who can help with what you’re hoping to accomplish.
Not all Financial Advisors offer the same products and services. The next step is finding an advisor that can help you with your financial goals.
“At Cambrian, in partnership with Aviso Wealth, we offer mutual funds, multi-asset solutions, retirement planning, and advice to help you save tax efficiently,” says Chrisner.
Let’s clarify an important distinction between two products that many Financial Advisors offer:
A mutual fund is a professionally managed group of stocks, bonds, and other investments, all designed to achieve a specific investment goal.
Mutual funds allow you to pool your money with other investors. By investing in a diverse mix of funds, you can potentially reduce risk in your portfolio.
Multi-asset solutions are a one-stop investment that includes a portfolio of assets such as mutual funds and exchange-traded funds.
They’re a way to get a broadly diversified portfolio that fits your investment goals and time horizon.
Multi-asset solutions offer several unique benefits over traditional mutual funds:
At Cambrian, our advisors offer multi-asset solutions that are tailored to your unique financial situation. With our personalized advice, you can make investment decisions that are right for you. Contact us today!
It’s important to work with an advisor who has the proper qualifications for the products you’re interested in.
Beyond their qualifications, the experience they have matters, too.
You may want to ask what kinds of clients your advisor usually works with. If you’re investing for the first time, you may want an advisor who can simplify complex topics. If you’re more experienced, you may be looking for someone with a background in managing larger portfolios.
“Look for an advisor who has experience building relationships with clients. Specifically, a background that goes beyond investing to include lending and personal banking as well,” suggests Chrisner.
“This ensures you get more of a holistic approach to your investment portfolio.”
Essentially, you want to find out what their investment approach is – and whether their outlook aligns with yours.
“You want a collaborative experience – not an advisor who dictates what needs to be done, but one who listens to you and works with you,” says Chrisner.
“I aim to educate clients with personalized advice on strategies they can use to achieve their goals.”
On top of that, setting up your investment portfolio takes ongoing work. How often does your advisor plan to check-in on your finances?
“Once your accounts and portfolio are set up, we regularly touch base to make sure you’re on track,” says Chrisner. “I recommend booking a meeting to review your portfolio at least once a year, or whenever there’s a significant financial change in your life.”
You may be wondering how advisors make a difference in your financial health. Here’s what Chrisner has to say:
“It’s so important to collaborate with an advisor for their expertise,” says Chrisner. “Everyone is busy, and for most people, looking at their portfolio just isn’t something they have time for.”
“We take the time to get to know our members, and tailor our advice to each individual.”
Now that you know what to look for in a Financial Advisor, the next step is meeting with one that can help you grow your wealth. With our personalized advice, we’ll give you the confidence you need to make decisions about your financial future.
“At Cambrian, we look at each member’s unique situation. We ask them what their goals are, and that helps us figure out what type of account will work best to achieve those goals.”
You can meet with one of our advisors via video, phone, or in person. Book a meeting today!
Disclaimer
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.
We would be happy to discuss your unique situation with you.
Our goal is to make complex topics like this one, simple.
It takes less than 5 minutes to make an appointment or to apply online. It is up to you how you want to meet your advisor - you will have the option to meet your advisor:
