One Essential Question for Your Advisor, with Anthony Chen, Host of Family Business Radio
In this commentary from a recent Family Business Radio episode, host Anthony Chen shares one essential question you need to ask of any advisor you’re considering working with.
Anthony’s commentary was taken from this episode of Family Business Radio. Family Business Radio is underwritten by Anthony Chen with Lighthouse Financial Network.
Transcript
Now, as we are closing out the show, we have what’s called Anthony’s financial take. And taking some perspective and insights from our recent guest here, Bob, with the question of how to best find the right advisor, what’s the question to ask for me? My go-to question or recommendation is ask them what would need to happen at the five- and ten-year mark for you to be able to look back and say, this was a good decision for us to decide to work with you.
If they don’t ask a similar question, well, what does the endpoint look like? What does success look like? It is almost impossible for any advisor, doesn’t matter if it’s financial planning, CPA or whoever, to create any plans. It’s almost like going to an architect and saying, hey, design me a house.
expecting the architect to come with a blueprint and not even know what a square footage is or how many bedrooms or bathrooms there are. So if that’s the case and there’s, Oh yeah, I’m going to design a plan. And, and they even asked the most basic questions; second to what Bob said, you probably should run. That being said, thank you for listening in to Family Business Radio.
Anthony Chen, Host of Family Business Radio
Family Business Radio is sponsored and brought to you by Anthony Chen with Lighthouse Financial Network. Securities and advisory services are offered through OSAIC, member FINRA/SIPC. RAA is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of OSAIC. The main office address is 575 Broadhollow Rd., Melville, NY 11747. You can reach Anthony at 631-465-9090, ext. 5075, or by email at anthonychen@lfnllc.com.
Anthony Chen started his career in financial services with MetLife in Buffalo, NY, in 2008. Born and raised in Elmhurst, Queens, he considers himself a full-blooded New Yorker while now enjoying his Atlanta, GA, home. Specializing in family businesses and their owners, Anthony works to protect what is most important to them. From preserving to creating wealth, Anthony partners with CPAs and attorneys to help address all of the concerns and help clients achieve their goals. By using a combination of financial products ranging from life, disability, and long-term care insurance to many investment options through Royal Alliance, Anthony looks to be the eyes and ears for his client’s financial foundation. In his spare time, Anthony is an avid long-distance runner.
The complete show archive of Family Business Radio can be found by following this link.
