Prepare for Your Consultation With a Financial Advisor

A consultation with a Financial Advisor from Wells Fargo Advisors will be as individual as your needs. Our network of more than 15,000 Financial Advisors with offices located in all 50 states and more than 3,000 licensed bankers in retail stores across the nation can provide you with personalized advice. Financial Advisors are registered with Wells Fargo Advisors, LLC.

Information is as of June 30, 2013, and is a combination of Wells Fargo Advisors, LLC, Wells Fargo Advisors Financial Network, LLC, and First Clearing, LLC. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC, and Wells Fargo Advisors Financial Network, LLC (Members SIPC).

First Clearing, LLC, (Member SIPC) is a separate broker-dealer of Wells Fargo & Company. (First Clearing is a non-bank affiliate.)

Find the right Financial Advisor 

Your Financial Advisor will assist you in building a customized investment plan to help you achieve your goals for the long term, so it’s important that you feel comfortable with your relationship. 

Here is some information to ask for when first meeting with a Financial Advisor:

  • Credentials and affiliations
  • Services offered
  • Frequency of portfolio review and adjustment 
  • Frequency of communication
  • Experience — length of career, profile of client base
  • Account pricing structure

Be prepared to discuss

To take full advantage of your consultation time, consider the following financial planning questions and prepare to share your responses with your Financial Advisor. The more you share about your goals, risk tolerance, and complete financial picture, the better your Financial Advisor will be able to recommend optimal solutions. 

At Wells Fargo Advisors, our first step is to understand your goals, values, and vision.

  • What is going on in your life?
    • Getting married
    • Growing your family or welcoming a grandchild
    • Sending a child or grandchild to college
    • Getting divorced
    • Planning or preparing for retirement
    • Retiring
    • Becoming a caregiver
  • What are your financial goals, both short-term and long-term? 
    • Save for a house 
    • Save for children’s education
    • Pay down debt
    • Develop a retirement plan 
    • Start a new business 
    • Transfer wealth to future generations 
    • Establish a legacy 
  • What are your investment questions? 
    • Are you invested appropriately to meet your goals?
    • How can you better manage all of your investment accounts?
    • How can you consolidate 401(k) plans that are still with former employers?
    • Is there a better tax-sensitive investment strategy for me?
  • What is your current financial situation? 
    • What are your current assets?
    • What are your current liabilities?
    • What are your future expenses and income (college tuition, parental care, inheritance, etc.)?
    • What is your risk tolerance?
  • How do you want to manage your accounts? 
    • How much do you want to be involved in developing your financial strategy and monitoring your portfolio?
    • Do you like to make investment decisions on your own and validate your choices with a Financial Advisor, or do you prefer to have more guidance?

Be prepared with documentation

Be prepared to bring the appropriate information and documentation to your consultation.

  • Answers to the questions above
  • Income documents such as W-2 forms
  • 401(k) plan documents 
  • Recent tax records 
  • Monthly expenses including credit cards, mortgage, rent, or loans 
  • Investment account statements 
  • Social Security Numbers, birth dates, and addresses of joint account owners and beneficiaries 
  • Photo ID for each owner of your accounts (required by the USA PATRIOT Act) 

To schedule a consultation with a Financial Advisor at Wells Fargo Advisors, call 1-866-243-0931.