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This ensures they have the proper training, experience, and ethical standards to guide your financial journey.
Reluctance to give information about their background could be a red flag.
Making sure you understand how theyre paid also avoids conflicts of interest, Stroup said.
Transparent, fee-only planners are often the most trustworthy.
Its important to be cautious of planners who promise overly high returns or make unrealistic predictions.
If it sounds too good to be true, it likely is.
Do they explain concepts clearly?
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