1. Purposeful:
They have a clear mission to serve clients and help them reach their goals. Great advisors want to do great work for their clients. They stake their business on doing the right thing—and know that business success will follow.
2. Inquisitive:
They work hard to uncover what’s truly meaningful to their clients. Engaged advisors also have mastered the personal side of advice. They ask probing questions to better understand their client’s views on money and life before creating a plan. They usually listen more than they talk. Active listening encourages clients to reveal their deeper thoughts—and often, an advisor’s best answer is to ask a question that sparks creative analysis and self-discovery.
3. Honest:
They set realistic expectations about controllable actions and probable outcomes. While the best advice may not be easy to hear, great advisors communicate essential truths about money and investing so that clients have realistic expectations about their wealth. Passionate: Their unwavering desire to do well for others drives constant improvement. A strong sense of conviction to do right by clients compels great advisors to continue honing their craft and ultimately enhance the value clients receive.
4. Disciplined:
They don’t let market swings or media messages drive impulsive actions. Effective advisors know the importance of preparing clients to navigate changing markets and apply discipline at crucial times, which can lead to a more enjoyable and promising financial journey. They don’t panic. Finding an advisor who is patient and doesn’t panic is critical to success. You want a planner who is always evaluating what options are best for you, but does not divert from a well thought-out strategic plan. Avoid advisors who are constantly pumping the latest hot stock pick or “Alternative Investment Strategy” with a sense of urgency; they may not have your best interest at heart. There should be no sense of urgency when it comes to sound investing that leads to long-term growth.
5. Reputation:
Getting a strong referral from a friend or family member can be the first step in finding the right financial advisor. Consider the background and reputation of the company the advisor works for. Are they local? Do they have a strong track record of success? Be wary of hot-shot planners who seem to be too good to be true – they usually are.
6. Experienced :
All legitimate financial advisors should have significant experience in the financial services industry or some sort of industry-recognized certification. At NEBA, Advisors must meet standards for experience and ethics, as well as complete 30 hours of continuing education every year to maintain their skills. Don’t expect them to have a meeting with you late on a 2nd and 4th Weds of each month; they are busy training to do better for you! Do your due diligence; it’s your best protection to ensure you’re dealing with a reputable advisor.
7. Support:
A good advisor should have access to a broad range of experts to meet your specific needs. A team approach will ensure that you get the professional advice you require to meet any specialized investment, wealth management, insurance or other objectives. No one person can know everything about Financial Advice and have time to spend with clients. Our Advisors are experts at identifying your needs. For more complex cases, such as IHT Planning which varies by country you live in and country you were born in, NEBA either have dedicated in-house support or bring in specific industry experts to help with complex cases such as IHT.
NEBA: Our Name Gives You Confidence
Fun Fact: Did you know that The NEBA Group’s global head office in Singapore gives investment advice to over 170 Financial Advisory companies around the world? There is a good chance that you or someone you know is already receiving advice from NEBA either directly or indirectly!
Ask to see what clients of NEBA say about us. We are proud of our track record!
