The one question you should ask your adviser

A common question I am asked is 'How do I tell if my financial adviser is any good?' Unfortunately there is no easy answer. One Walnut member suggested that, if you were able to tell if your adviser is any good, you probably don't need one. There is some truth to this when it comes to investing, although you might still want to avail yourself of their technical services. Advisers are very useful for explaining the tricks and traps of, for instance, super, but the investment record of some sits somewhere between really bad and downright terrible. As you can't...

A common question I am asked is 'How do I tell if my financial adviser is any good?' Unfortunately there is no easy answer. One Walnut member suggested that, if you were able to tell if your adviser is any good, you probably don't need one.

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