Choosing an investment adviser for your firm.Selecting an investment adviser who will represent your firm in a professional manner and provide your clients with the level of service you give them is critical. Use the following questionnaire questionnaire, n a series of questions used to gather information. questionnaire, n a form usually filled out by patients that provides data concerning their dental and general health. to help interview and evaluate prospective advisers or an investment advisory firm. Adviser Interview Questionnaire Name of adviser or advisory firm: -- Educational background: College degree [] Yes [] No Master's degree [] Yes [] No Professional designations -- Broker-dealer affiliation: Independent registered investment adviser [] Yes [] No Associate under broker-dealer's registered investment adviser [] Yes [] No Performs registered investment advisory services independent of broker-dealer [] Yes [] No Required documents: [] Form ADV, parts I & II (firm) [] Form U4 (adviser) [] Biographical information Advisory firm profile: [] Years in practice -- [] Number of clients -- [] Assets under management $ -- [] Discretionary -- [] Nondiscretionary -- [] Number of support personnel -- [] Commissions --% [] Fees --% Advisory firm client profile: [] Average net worth $ -- [] ERISA --% [] Individual investors --% Business emphasis (rank in order of significance): [] Fee planning -- [] Insurance -- [] Individual securities -- [] Mutual funds -- [] Other -- Advisory firm investment decisions: [] Made by investment committee [] Made by individual investor [] Made by third-party asset manager [] Tactical [] Strategic [] Both [] Optimization software (specify) -- [] Research (specify) -- Insurance coverage: [] Errors and omissions [] Yes [] No General questions: [] How do you differentiate your practice from your competition? -- [] What are your present and future goals? -- [] Provide three referrals of individuals or businesses that have benefited from your services: Name: -- Phone no. -- Name: -- Phone no. -- Name: -- Phone no. -- Source: Phyllis Phyllis is a character in Greek mythology. Daughter of Lycurgus, King of Thrace, she married Demophoon, son of Theseus, while he stopped in Thrace on his journey home from the Trojan war. Bernstein Bern·stein , Leonard 1918-1990. American conductor and composer who wrote numerous choral and symphonic works, including Kaddish (1963), and musicals, notably On the Town (1944) and West Side Story (1957). , director of the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). personal financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against division. The views expressed are not an official position of the AICPA. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion