Questions to Ask a Financial Planner:

• Do you do comprehensive financial planning?

• Do you work for an insurance company, investment company, or a broker-dealer that manufactures insurance or investment products?

• Are you compensated by fees, commissions, or both? If fee, do you charge a flat fee or an hourly rate?

• If commission, does that offset the fees?

• What is your process and how many times will we meet?

• How many clients do you have?

• Do you think it is good to pay off my house by retirement?

 

Questions to Ask an Investment Advisor or Consultant:

• What is your experience with investing?

• What professional certifications do you hold?

• How are you compensated? Fees? Commissions? A combination of fees and commissions?

• What is your investment philosophy?

• Once you have invested client assets, how do you monitor investment performance?

• How do you integrate a biblical world-view into your investment philosophy?

• How do you determine whether or not a client should be investing, and what is your process for selecting the most appropriate investment options?

• How often do your clients get statements of their investment holdings?

• Where are your clients’ investments held? A brokerage firm? A mutual fund? Which one?

• If a brokerage firm or mutual fund holds your clients’ investments, does the brokerage firm or fund charge separate fees for this?

• How often do you report performance to your clients?

• What type of investments do you use? Load or no-load mutual funds? Stocks? Bonds? Annuities?

• Do you consider the impact of income taxes on investments choices made for a client?

• How and how often do you communicate with your clients? Phone? Live? Mail? Email? Newsletters?

• Do you provide other financial services beyond investments? What are those services?

 

Questions to Ask a CPA:

• Have you helped a client in a similar situation?

• If you in need of financial planning, ask about their experience in that specific area.

• What are the nature, scope, and timing in completing the proposed assignment?

• Will my company and/or I be serviced by you, a partner or by junior accountants?

• What is your opinion of fling bankruptcy; use offshore trusts, aggressive tax-shelters?

• Can you tell me a little about your practices, and your successes and failures?

• How are your fees calculated?

• What can I do to help you with your work and keep your fees to a minimum?

• How will you be communicating the results of your work to me?

• Do you perceive any conflicts of interests?

• How long have you been a Certified Public Accountant, and what other licenses do you hold?

• How conservative are you in interpreting tax laws and regulations and accounting and auditing standards?

 

Questions to Ask an Insurance Professional:

• Are you required to recommend a particular company’s insurance policies?

• Does your company pay you higher compensation for recommending their proprietary products?

• How many companies do you represent? What is the rating of those companies? Rating agencies include AM Best, Standard & Poors, and Weiss.

• What is the breakdown and the percentage of your business coming from insurance commissions?

• Can you provide a breakdown of what percentage of your insurance income comes from the various lines of insurance, e.g.--life, disability, long-term care, health insurance, auto, home, and annuities?

 

Questions to Ask an Attorney Doing Gift and Estate Tax Planning:
 

Experience

• How long have you been in practice?

• Can you tell me a little about your practice?

• How many lawyers in your firm?

• What is your client base made up of?

• What percentage of your clients is Christian/non-Christian?

• What are your areas of specialty?

• Have you handled complex situations?

• Give me an example of some of the complex cases you have handled.

• Have you handled many cases in my area of need (estate planning, business succession, tax planning, etc)?
 

Services

• Will you or an associate of yours work with me?

• How long will it take for you to do my work?

• How responsive are you to my calls and questions?

• How timely is your work generally done?
 

Referrals

• Do you have clients with similar situations like mine who might be willing to speak with me about your services?

• Do you have other professionals that might be willing to speak to me about your services?
 

Reputation

• Are you in good standing with your local bar association?

• Have you ever been cited by a professional governing body for disciplinary reasons?

• What other outside activities are you involved in?
 

Compensation

• Do you charge for initial consultations?

• How are your fees calculated?

• Can the fee arrangements be set forth in writing before the engagement begins?

• What are your hourly rates?

• What are the hourly rates of your associates?

• Will you be charging me for every phone conversation and/or meeting?

• What do you project my costs would be for your services?

• What can I do to help you with your work and keep your fees to a minimum?

 

Questions to Ask an Enrolled Agent:

• Have you helped a client in a similar situation?

• What are the nature, scope, and timing in completing the proposed assignment? What will the fees be?

• Will my company and/or I be serviced by you, a partner or by junior accountants?

• What is your opinion of filing bankruptcy; using offshore trusts, or aggressive tax-shelters?

• Can you tell me a little about your practices, and your successes and failures?

• How are your fees calculated?

• What can I do to help you with your work and keep your fees to a minimum?

• How will you be communicating the results of your work to me?

• Do you perceive any conflicts of interests?

• How long have you been an Enrolled Agent, and what other licenses do you hold?

• Are you conservative or aggressive in interpreting tax laws and regulations, and accounting and auditing standards?

Welcome to First Baptist Dallas! Our mission is to transform the world with God's Word...one life at a time. We are a church with a legacy that is built on the Bible, and we continue that legacy today. With multiple service times and options, as well as age group Sunday School classes, we have something for everyone. Join us on Sundays in person or online beginning at 9:15am.
Address :
1707 San Jacinto,
Dallas,
TX - 75201
United States.
Tel : 214-969-0111