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How to Choose the Best Financial Advisor for Your Retirement
February 12, 2022 at 7:00 AM
Image of two people who found the best financial advisor in Kansas City.

It’s never too early to start planning for retirement. The sooner you begin thinking about post-work life in your career; the more secure your future will be. Regardless of where you are in your working life or your goals, consulting a financial advisor in Kansas City is essential. Given the complexities of financial planning and retirement, you need a professional who understands tax strategies, investments, and estate planning. Many retirement advisors specialize in one area but may fall short in helping where you need it. Having the future you want may depend on finding the best financial advisor in Kansas City. Here are some tips for choosing the ideal service for your needs.

Consider their qualifications and credentials.

Many companies in Kansas City offer financial advice but consider who is behind the business and their qualifications. Financial advisory services exist in a gray area that can mean many things that don’t require certifications or degrees.

Dig a little deeper behind what a company promises to see if they have the qualifications and credentials to deliver results. When a company is recognized as a chartered financial analyst or chartered financial planner, they meet standards to act as a fiduciary. They have passed a rigorous exam to demonstrate their mastery of industry knowledge.

An old couple walking towards the Seven Sisters

What services is the financial advisor selling?

Financial advisors can earn their fees in various ways, and before choosing one to work with, make sure you know the services they’re selling. Some companies that present themselves as financial advisors sell insurance or provide fund management.

When you pay a financial advisor directly, you can be confident you’re receiving unbiased advice in your best interest, not as a strategy to make a sale.

Do they take the time to hear your goals?

When a financial advisor begins to offer you strategies or investments without first hearing your goals and concerns, they may not be the best fit for your needs. Even the best financial advisor in Kansas City may not be ideally suited to get every client from where they are to where they want to be.

The right financial advisor for you will take time to hear your goals and develop a strategy that meets your needs now and in the future.

Do they provide clarity about your future?

One of the most critical services the best financial advisor in Kansas City will provide is clarity about your future. Retirement planning gives you the security of knowing your post-work life will look exactly how you want. That might mean travel, supporting grandchildren through college, or exploring exciting investment opportunities––a financial advisor can help you visualize and achieve those goals.

Adirondack chairs

Take your time when picking an advisor.

You may be decades from retiring, and your relationship with your financial advisor will extend long past when you leave the workforce. That’s why it’s crucial to find a company that you trust, with whom you feel comfortable reaching out for guidance and insight.

Your financial advisor might be one of the longest relationships in your life, so it’s crucial to find the right one. Take your time and interview multiple firms to ensure you make a connection. The one you choose will be responsible for making your retirement goals into reality.

OWLFI works with clients to build the retirement of their dreams and strives to be the best financial advisor in Kansas City.

The OWLFI team comes from diverse backgrounds to provide multifaceted and nuanced advice to our clients. We take the time to hear your concerns and goals for your retirement and then help establish the strategies to turn them into reality. Our mission is to prevent clients from suffering financially due to a disconnect between their financial advisor, CPA, and estate planning attorney. That’s why OWLFI brought all those services together in one company. When you become an OWLFI client, your goals become our goals, and you benefit from our years of experience in achieving them.

Planning for the retirement of your dreams takes expertise. Finding a team that listens to your goals is the first step to finding the best financial advisor for your retirement.