5 Traits of a Successful Financial Advisor

A financial advisor can play a pivotal role in advancing their client’s long-range goals and retirement security. When the time is right to select an advisor, it consequently becomes a decision of some importance. As with many relationships, it’s difficult to predict what will work and what won’t, but there are some traits in a financial advisor any investor would find beneficial:

Strong analytical abilities

The multiple components of a typical financial portfolio, including assets, income, taxes and estate planning,  among others, requires an individual who is not only competent in complex mathematical calculations but thrives in and enjoys this type of process of evaluating unique situations and arriving at a course of action.

Uncompromised ethical standards

Financial advisors who act in their clients’ best interests should be the minimum standard. Some advisors take this to the next level and do not offer to sell products from which they earn commissions. In any circumstance, an ethical financial advisor should conduct business with full and complete transparency, clearly articulate the clients’ choices and enable clients to make informed decisions.

Ability to perform under stress

While planning is a key to achieving big-picture success, personal and more global circumstances often intercede along the way. A good financial advisor must be nimble, calm in adjusting and timely in reacting to what hands they are dealt.

Ability and willingness to communicate

Financial decisions are difficult for most people, and much is riding on the outcome. Not everyone is sophisticated in the fine points of investing and may need clarification and reassurance before feeling comfortable and signing on. Not only is the successful financial advisor able to communicate their plans in a way the client can understand, there must be a willingness to do so and a plan to maintain those lines of communication. Clients need to feel they can contact their advisor when needed, and regular interactions should be an ongoing part of the process.


Piecing together just what each client needs to fulfill their goals and trying to stay ahead of the financial markets can be like detective work. Often, the small details must be ferreted out to help put together the big picture.

Do you have concerns that your financial portfolio is not where it could be? Try our free financial portfolio analysis service today.


The information contained herein is based on internal research derived from various sources and does not purport to be statements of all material facts relating to the securities mentioned. The information contained herein, while not guaranteed as to the accuracy or completeness, has been obtained from sources we believe to be reliable. Opinions expressed herein are subject to change without notice.

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