Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Investment Brokers & Financial Analysts and other Investing topics.

Why is my broker asking me so many questions?

Signs of a Good Broker

A good broker will take time to get to know you. You will be asked about your financial history and your current financial situation, your risk tolerance and your financial goals. You can also expect to be asked about your tax status.

A broker asks these questions in order to recommend appropriate investments for you. Beware of any broker who recommends investments before getting a clear picture of your financial personality.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Investing Tip Site? Request a Tip Now!

Guru Spotlight

Kristle Jones

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!