How to Choose the Right Financial Planner: What Entrepreneurs Need to Know

What Does a Financial Planner Actually Do?

Investment Planning

Helps allocate funds according to risk tolerance, goals, and market conditions, using diversified and tax-efficient vehicles. Planners also monitor your portfolio over time and adjust it based on changing goals. Explore our investment approach.

Tax Strategies and Retirement

Creates long-term plans that reduce taxes, maximize government benefits, and ensure a secure retirement. A good planner will align your personal and business finances for integrated success.

Questions to Ask Before Hiring a Financial Planner

Experience with Business Owners

Has the planner worked with entrepreneurs? Do they understand incorporation, dividends, and succession planning? Ask for case studies or references in your industry.

Fee Structure and Transparency

Choose between fee-only, commission-based, or hybrid models. Ask how they are compensated and if incentives influence their advice. Avoid planners who are vague or evasive about their costs.

Financial Planning Tools and Resources for Entrepreneurs

Look for planners who offer access to retirement calculators, investment tracking, and financial dashboards tailored for business owners. Also, verify if they provide digital client portals and secure document sharing. Discover our full suite of planning tools.