How to Compare Investment Brokers

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When comparing investment brokers, meet with each one individually, have a conversation that answers any questions, and research their credentials with the Better Business Bureau. Interview with several investment brokers to find one with the investor's interests at heart with advice from a registered financial consultant in this free video on money management.

Part of the Video Series: Money Management & Credit
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Video Transcript

This is financial adviser Patrick Munro on how to compare investment brokers. Investment brokers offer a wide range of products and services but it is important to go in and work with an investment broker that has your best interest at heart. The best way to know this is when you come in to see an investment broker he makes an appointment with you usually lasting an hour and you are then given a set of questions to answer in a conversational way and he takes time to listen to you and takes notes and never presents a product in the first meeting. He should also have a lot of credentials showing that he is valid and to work in his field of endeavor and also you should check out the Better Business Bureau on the investment adviser and make sure there has been no complaints put upon them. Also he could belong to various professional organizations and there should be toll free numbers in which you could check him out as well. Once your investment adviser, you are comfortable with the individual and he has taken the time and attention to work with you then you can choose to trust that individual and give him your business. This is Patrick Munro financial adviser on how best to compare investment brokers.


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