How to Find the Right Financial Advisor for Your Needs (Updated 2025)
Choosing a financial advisor isn’t just about credentials. It’s about finding someone you can trust to help you align your money with your life—someone who gets where you’re coming from and where you want to go.
At Memento Financial Planning, I work with high-earning professionals who are managing complexity—stock compensation, student loans, young families, or just too many open browser tabs. Most know they should be doing something with their money… they just don’t have the time or confidence to do it alone anymore.
This guide is here to help you evaluate whether an advisor is truly equipped to guide you—not just technically, but meaningfully.
What to Look for in a Financial Advisor
Credentials That Actually Matter
Look for advisors who are:
Fiduciaries: Legally obligated to act in your best interest
Fee-only: Paid only by clients—not commissions
CFP® Professionals: Certified Financial Planners with deep training
A Planning-First Approach
A good advisor should:
Start with your goals, not investment products
Help with taxes, equity comp, cash flow, and life planning
Be willing to say “no” to strategies that don’t serve you
Fit and Feel
Ask yourself:
Do I feel heard and understood?
Can I see myself having honest conversations with this person?
Are they explaining things clearly, without jargon?
FAQ: Choosing the Right Financial Advisor
Q: What’s the difference between fee-only and fee-based?
A: Fee-only means the advisor is only paid by you. Fee-based means they can also earn commissions—usually by selling products. The terms are confusing, but only fee-only advisors are fully independent.
Q: How much should I expect to pay?
A: Some charge a flat fee, others a percentage of your portfolio, and some combine both. At Memento, I charge a flat quarterly retainer, so clients know exactly what they’re paying for (and what they’re getting in return).
Q: Should I choose someone local?
A: It’s more important to find someone who specializes in your needs than someone nearby. I work virtually with clients across the U.S., and for many, that flexibility is a big plus.
Q: How do I know if we’re a good fit?
A: Most advisors offer an intro call. Use that time to ask your real questions, share your concerns, and gauge the vibe. If you’re curious about working with me, you can schedule a free 30-minute meeting to see if it feels like the right partnership.
Editor’s Note: Originally published in 2022. Updated in 2025 for clarity, relevance, and current best practices.
