Option 4: Recognize and Respect Your Gut Reaction

Our assessments of other people aren’t always easily articulated. We may have an impression about someone more than a logical reason for feeling the way we do.

You can set up situations to elicit your gut reaction to an advisor by using “what if” scenarios. Give potential advisors artificial scenarios that could be possible for you and ask them to discuss how they would handle these. “What if this happened to me? How would you handle this? What if I did that? How would you handle it? If this happens, what would you do?”

The answers you get can give you a good idea about the advisors’ brands. It can also tell you something about their experience and how they react when things don’t go as planned, ...

Get Practical Lessons for Your Financial Life (Collection) now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.