Kiplinger

7 Questions to Ask Before Hiring a Financial Adviser

Working with professional athletes and entertainers, I've come across some people who have come into wealth suddenly for the first time getting started on the financial planning path. There are a lot of decisions to make, not the least of which is who can you trust to help you along the way?

That question has come to the forefront as a March 15, 2018, circuit court ruling throws the consumer protections of the Department of Labor's fiduciary rule into question. With the NFL draft already behind us and the and NBA draft just around the corner, it is imperative that those finding sudden wealth be equipped with the proper information on the financial professionals they will be choosing.

You would expect that your best interests will be taken to heart, but they might not be. Potential clients need to know the differences in the various kinds of financial professionals out there. With

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