Career Explorations

Question

Candace has just landed her first job and has the long-term goal to one day buy a house. She needs help investing some of her money so that one day she can reach that goal. Candace begins to look for a financial advisor who can help her pick where to put her money so that it is safe and will grow. Name two qualities that Candace should look for as she chooses her financial advisor and state why those qualities are important.

Answer 1

1. Fiduciary- a distinction that must legally and ethically do what is in her best interest.
2. Specialty- I would suggest someone with real estate budget planning or goal-setting experience.