In addition to asking for word-of-mouth recommendations, you can start your search for a financial planner at any one of many websites… And the Certified Financial Planner Board of Standards has upgraded its online search service to help you find a CERTIFIED FINANCIAL PLANNER™ [professional]: At letsmakeaplan.org, you can check that a planner is certified, as well as look up areas of specialization, minimum asset requirements, and method of compensation: fee only, commissions, or a combination.
Once you have some names, you should interview a couple of prospective planners to see if you're a good match. "We think it's important before you commit to working with a financial planner that you do your homework," says Kevin Keller, CEO of the CFP Board of Standards. Ask the planners how they work with clients, how frequently they'll be in touch, and what they charge. Read more >
September 28, 2011