Your first meeting with an advisor: what to bring

The first meeting with an advisor is usually free, and its value depends almost entirely on what you bring. Show up with a rough picture of your finances and a few clear goals, and you’ll leave with real insight into whether this person can help.

A snapshot of your finances

• Recent statements for retirement, brokerage, and savings accounts
• A summary of your income, such as a recent pay stub
• Debts: mortgage, car loans, student loans, credit cards
• Insurance policies and employer benefits summaries
• Your most recent tax return, if you’re comfortable sharing it

A one-page summary works just as well as a stack of statements. Many people simply list each account, its approximate balance, and where it’s held.

Your goals, even rough ones

“Retire at 62.” “Help pay for two kids’ college.” “Stop lying awake worrying about money.” Advisors work best when they know what you’re aiming for, and vague goals are better than none.

Your questions

Pick five or six from our interview guide and write the answers down during or right after the meeting. You’ll be surprised how quickly details blur after the second or third meeting.

What to expect

The advisor will ask a lot of questions, and that’s a good sign. Expect them to explain their services and fees and possibly suggest next steps. You don’t have to commit to anything, and you can keep account numbers private until you decide to work together.