to evaluate possible financial advisors
Radio Transcript, 60 seconds, for use during week
of April 28.
This is an Invest Wisely minute brought to you by Iowa State
There are several things you can do to evaluate possible financial
First, find out about fee structures. Some advisors charge
a commision on the products they sell. Others work on a
fee-only basis. Others charge a combination of fees and
Also, you’ll want to find someone you feel comfortable
sharing all your financial information with. This is needed to
provide good advice.
You can check an advisor’s background by calling the Iowa
Insurance Division at 877-955-1212. That number again is
Invest Wisely comes from Iowa State University Extension through
a grant from the Investor Protection Trust providing investor
education on the web at investorprotection.org.