Top Questions to Ask a Financial Advisor in Grand Rapids

Looking for a financial advisor in Grand Rapids? Whether you're approaching retirement, managing a windfall, or simply want professional guidance, choosing the right advisor can make a big difference.

But with so many options—from big-name firms to independent fiduciaries—how do you know who’s the best fit?

Here are key questions to ask when evaluating a financial advisor in Grand Rapids, Michigan so you can move forward with confidence:

1. Are you a fiduciary at all times?

Not all advisors are legally required to put your interests first. A fiduciary advisor in Grand Rapids is held to the highest standard and must avoid or mitigate conflicts of interest.

2. How do you get paid?

Some advisors earn commissions for selling financial products, while others are fee-only. If transparency matters to you, ask how compensation works—especially with wealth management services in Grand Rapids.

3. Who do you typically work with?

Look for someone who specializes in your stage of life. Are they focused on retirement planning in Grand Rapids? Do they work with people like you—such as professionals, business owners, or retirees?

4. What services do you provide beyond investing?

A good financial advisor in Grand Rapids should offer more than just investment advice. Ask about tax planning, retirement income strategies, Social Security guidance, estate planning, and more.

5. What does your client experience look like?

How often will you meet? Who else supports the relationship? Do they use technology for convenience? Make sure their approach aligns with how you like to communicate and make decisions.

6. How do you customize a financial plan for someone in Grand Rapids?

Your plan should reflect local factors—like state taxes, cost of living, real estate trends, and even local pension rules (especially if you’re employed by a major Grand Rapids-based company).

Why It Matters

Choosing a financial advisor in Grand Rapids isn’t just about credentials—it’s about finding someone you trust to guide your financial life. These questions will help you separate the sales pitch from true, ongoing partnership.

At Advance Capital Management, our fiduciary advisors serve individuals and families across Grand Rapids with personalized financial plans and long-term support.

If you're ready to take the next step, we’re happy to meet with you—virtually or in person—to answer these questions and more. Schedule Your Call Now!