Choosing a financial advisor

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There's a couple things to keep in mind if you're looking to hire a financial advisor.

Run a background check with the Financial Industry Regulatory Authority. That will tell you if the advisor fully licensed and qualified in the areas where you need help.

Next step is to treat it like a job interview where you're doing the hiring. Look for an advisor who wants to educate you so you're part of the process. Your gut feeling is important too, this is a person you're going to have to trust with your family's future.

You also want to look at their job history and watch out for one specific red flag. Check out their track record on how many different agencies they've worked for.

You can check an advisor's credentials through the Financial Industry Regulatory Authority.

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