To Have and to Hold: Why Financial Advisement Should Be Like a Marriage

Your income is your livelihood. Your investments are the lifeblood coursing through your proverbial soul, perhaps; so it would make sense to have someone on staff under financial advisement to be as integral as possible — keyed in to the secrets of your mind and focused as one with your identity so that there will never be any hiccups in your bank accounts, trusts and estates.

Because Financial Advisement Is Like a Marriagefinancial advisor marriage

You’re not going to bed, though — obviously — with any financial advisor. Thank the good graces! But overall, the same commitment, caring and specificity that typically would exist in a marriage would exist in a business relationship between a client and an experienced financial advisor.

It would do you well to ask the right questions to find out if such an advisor can be as committed to you, providing financial advisement for months, perhaps even years. Ask, simply put, for certain examples of the financial advisor’s commitment to an account, for example. Was it difficult to manage? Was the client difficult? Was the candidate under financial advisement overwhelmed? How many current accounts does the prospective financial advisor already have?

These will provide clues as to whether or not the candidate in question for financial advisement will dedicate full-time attention to your account, however complex it may be. For when it comes to financial advisement, you want the full attention — and not divided attention from the best professionals in the business.

It’s crucial that you hear some stories about certain financial advisors backing out of an account for whatever reason — due to difficult issues, difficult clients, and other problems. You can then gauge on whether or not the candidate just might be able to handle your needs. Because you never know….

You Just Might Be a Pain in the Butt

We all are. To some degree. To our spouses, of course. That’s why marriages can relate so well. To have and to hold, in sickness and health, till death and taxes.

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