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The first thing to understand when choosing a financial advisor is that they know about the finance and investing industry. It is important to understand that there are different types of advisors. 

Knowing the difference between a small independent broker and a large brokerage firm can help you decide which one is best for you. You can now get the best financial advice from Edward Jones.

Find a Financial Advisor - Personal Finance Insider

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We have listed things every investor should know to choose the right advisor. 

Chemistry – For example, consider your relationship with your doctor. In order for doctors to know how to treat us, they have to ask a lot of questions, many of which are personal matters that even our families don't know about. How comfortable do we feel with our doctor when he physically examines us? 

Wouldn't you agree that there should be some kind of professional and personal chemistry between us and our doctors to help us out? That must be it. It should be no less for those we have chosen to advise and guide us. 

If a financial professional is talking about or talking to you over the top of your head, if he or she sounds like he or she is trying to impress you or you just aren't getting a good mood out of them, go elsewhere.

Rule 405 – There are various regulators that manage the securities and investment industries. The Securities and Exchange Commission (SEC) is the best government agency to serve as a custodian for our industry. 

However, the federal government also allows self-regulatory agencies to come under the supervision of the SEC, and these agencies regulate their members. Most brokerage firms are members of this agency as it is nearly impossible to work any other way.