💨 Abstract

This article advises investors to be wary of financial advisors who use guarantees, focus only on performance, claim investments are risk-free, downplay fees, insist on secrecy, pressure clients to act fast, or suggest strategies that worked for other clients without personalizing recommendations. A good advisor educates clients, provides a detailed explanation of potential risks, and encourages scrutiny and collaboration with other professionals. Past performance is not indicative of future results.

Courtesy: wtop.com