A strong financial advisor relationship should provide clarity, confidence, and value. Here are four essentials to look for:
- Fiduciary Service
Your advisor should make a formal, written commitment to put your best interests ahead of their compensation. You should also clearly understand how they are paid. Not all financial advisors are fiduciaries. - Access and Communication
Your advisor should be available for questions and meetings in a way that works for you. They should also explain strategies and updates clearly, so you understand what is happening and why it makes sense for your situation. - Personalized Advice
While advisors may use similar investments or tools across clients, your plan should reflect your unique goals, timeline, risk tolerance, and circumstances. - Professional Coordination
A comprehensive plan often includes investments, taxes, cash flow, debt, estate planning, and insurance. A good advisor proactively coordinates with your CPA, attorney, and other professionals when needed.
The MDA endorses DBS Investment Advisers, LLC for investment management and financial planning. Call 989-686-6222 or contact Ted Schumann at ted.schumann@dbsia.net to discuss your financial plan!
DBSIA has a paid endorsement with the MDA. MDA is not a client of DBSIA, and has financial incentive to promote their services.
DBS has a financial arrangement to compensate the MDA for providing marketing services and promoting DBSIA’s services. This arrangement is compensated via quarterly checks and is not based off of client referrals.