October 18, 2010 / White Oaks Wealth Advisors

Choosing a Key Member of Your Financial Team

Clearly, deciding to use a financial advisor is an important first step. Then, the question is which financial advisor. The 4 E’s, Education, Experience, Examination and Ethics have been the focus of many when is comes to choosing an advisor. Unfortunately a “sea” of so-called educational credentials have poured into the market. One way to obfuscate a disadvantage is to flood a conversation with meaningless data and information.

The WSJ piece entitled “Is your Advisor Pumping Up His Credentials” does a credible job and highlighting the designations that have the most strength behind them. For full disclosure, I personally have held the CFP designation since 1989 and all the people who work on planning in our firm have completed the CFP curriculum.

Picking an advisor is important work. For some helpful tools including questionnaires for interviewing advisors can be found at NAPFA.ORG

The foregoing content reflects the opinions of White Oaks Wealth Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.

Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns.

Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

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Investment advisory services provided by White Oaks Wealth Advisors, Inc. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.