Dynamic Wealth Management Zurich

Making the decision to hire a financial adviser is often a

tough one for many investors. Once you’ve made this

decision, how do you go about finding the right adviser for

you? Here are six questions to ask:

How are you compensated? While one could argue that no

method of adviser compensation is totally without bias,

fee-only advisers come the closest. Fee-only advisers

receive no compensation from the sale of investment or

insurance products. Can an adviser who receives a

significant portion of their compensation from the sale of

financial products really be counted on to recommend

solutions that are in your best interest?

Jan. 5 (Bloomberg) — The Swiss franc fell to a three-week low versus the dollar as Philipp Hildebrand said he’ll stay on as central bank president and that he didn’t abuse his position after his wife traded the two currencies in August.

“I acted not only according to the rules, but also in an appropriate manner,” Hildebrand said today at a press conference in Zurich. Kashya Hildebrand spent 400,000 francs to buy $504,000 on Aug. 15, three weeks before the SNB capped the currency at 1.20 euros, according to a report by PricewaterhouseCoopers LLP that was released yesterday by the central bank.

Making the decision to hire a financial adviser is often a tough one for many investors. Once you’ve made this decision, how do you go about finding the right adviser for you? Here are six questions to ask:

How are you compensated? While one could argue that no method of adviser compensation is totally without bias, fee-only advisers come the closest. Fee-only advisers receive no compensation from the sale of investment or insurance products. Can an adviser who receives a significant portion of their compensation from the sale of financial products really be counted on to recommend solutions that are in your best interest?