SEC Investor Bulletin re Selecting a Financial Professional
The SEC has released this investor bulletin featuring its top five tips for investors in selecting a financial professional. Besides providing advice, the bulletin contains a checklist of questions.
The five tips (in summary) are the following:
- Do your homework and ask questions.
- Find out whether the products and services available are right for you.
- Understand how you'll pay for services and products, and how your financial professional gets paid as well.
- Ask about the financial professional's experience and credentials.
- Ask the financial professional if he or she has had a disciplinary history with a government regulator or had customer complaints.
View bulletin in full here (links externally to SEC website).