When it comes to your financial plan, trust is paramount. Clients need to trust their advisor to manage their assets and to help them reach their financial goals. But how do you know if you can trust your advisor? One way to find out is by using BrokerCheck - Find a broker, investment or financial advisor (finra.org) , a free online tool provided by FINRA that can help you make an informed decision about your financial advisor. By researching their professional background, you can ensure that you’re working with a trustworthy and reputable advisor who has your best interests in mind.
What is BrokerCheck?
BrokerCheck is an online database that lets you research the professional background of any financial advisor. BrokerCheck will display all the advisor’s professional history including their registration and employment history, licensing information, and any regulatory actions or customer complaints against them.
Why is it important to use BrokerCheck?
BrokerCheck can help you avoid any potential scams or fraudulent advisors. If you’re considering working with a new advisor or you’re curious about your current advisor’s professional history, it may be a good idea to look at their BrokerCheck information.
It’s important to use BrokerCheck because it allows you to make an informed decision about your financial advisor. By researching their background you can learn about any disciplinary actions taken against them, any customer complaints, and other important information that may impact your decision to work with them. It’s your money, and you have the right to know who you’re trusting with it.
How to use BrokerCheck?
Using BrokerCheck is easy. Simply visit BrokerCheck - Find a broker, investment or financial advisor (finra.org) and search the name of the advisor you’re interested in. Once you find the advisor, you can view all their professional information on one screen.
So don’t hesitate to use BrokerCheck, it’s free, easy to use and could save you a lot of trouble down the road.