Skip to main content
Welcome to the new Learn more about our updates.
Create your own user feedback survey

Selecting Your Investment Professional

Before you engage an investment professional, make sure you know more than just their name and professional credential:

  1. Use FINRA BrokerCheck to make sure that the investment professionals and their firms are properly registered.
  2. Talk with several professionals. Ask about their:
    • Registrations or licenses
    • Areas of specialization
    • Products and services
    • Investment experience
    • Professional credentials
  3. Understand how you will pay them for their services. Investment professionals are typically paid in one (or more than one) of the following ways:
    • An hourly fee
    • A flat fee
    • A commission on the investment products they sell you
    • A percentage of the value of the assets they manage for you
    • A combination of fees and commissions.

For more information, see FINRA’s Working With Your Investment Professional. Also see our more detailed section on Choosing an Investment Professional.