I recently met with my Financial Advisor to iron out what to do with my return of value that I was paid by the military en lieu of a pension. (The fact that the payment was only two and a half months late should not reflect poorly on military bureaucracy. After all only losing your paperwork twice is pretty good for them.) There are a couple things that I advise people do when they meet with their advisor.
1 - Bring your actual numbers and know where all of your money is located. When your advisor asks you for a fact you should be able do give him/her an answer in 30 sec. Otherwise you are making the process much more difficult.
2 - Start by letting your Financial Advisor know what you know on the subject. I have found that most advisors assume that I don't no what a TFSA or RRSP is let alone how the stock market works. As a result they tend to start with the very basics, which I am already familiar with. Same goes for the reverse. If you need them to explain things from the beginning tell them that.
3 - Have a list of what you want to know by the end of the meeting. You've told the Financial Advisor what you do know. Now tell them what you want to learn.
4 - Keep in mind that every one has a different investing strategy. Listen to other peoples explanation but stick to what your research has told you is the best course of action. You know your needs/wants and you're the only one who'll be advocating for them.
At the end of the day your Financial Advisor is a resource, a source of information, not the one in control of your money.
Have a question? I'd love to hear it!