How to decide whether to trust an adviser
22 May, 2019
There are two elements to trusting an adviser. The first is a conscious decision: Is the adviser competent? The second is sub-conscious: Does the adviser have my very best interests at heart?
Two further questions to consider:
Q: Is your adviser benevolent?
This comes from your gut.
Q: Is your adviser a fiduciary?
Ask your adviser.
If you gut says ‘no’ and the adviser is not a fiduciary, then you probably need to look elsewhere for advice.