As a Recent College Grad, How Do I Find a Financial Adviser?

By SmartMoney Staff

Question: I’ve recently started my first post-college job and am saving for retirement, but I’d like some help with the rest of my money matters. How do I find a financial adviser?

– Christian Dennis, Atlanta

Answer: Way to take charge of your money. When it comes to finding guidance, experts suggest choosing a certified financial planner; letsmakeaplan.org lets you search for those who’ve passed the requisite exams. You’ll also want to look for one who charges hourly or on a per-project basis—instead of a percentage on your account activity. And, experts say, be sure they’re transparent about any sales commissions they earn on products they suggest. One good

place to find an independent planner, suggests Susan John, chair of the National Association of Personal Financial Advisors, is the Garrett Planning Network. Or check with Napfa, she says, for fee-only advisers or those who specialize in working with younger clients.