When choosing a financial advisor, it is important to find someone who is willing to work with you and your particular situation. There are many factors involved in deciding which financial advisor and products are best suited to your needs. Here are some examples of questions to ask when selecting a financial advisor:
• Before selecting a financial advisor, you should do some homework and search for the advisor on the Financial Industry Regulatory Authority (FINRA) BrokerCheck. In addition to searching background information on the advisor, there are a number of other tools and resources available to help you make an informed decision?
• When talking with the advisor, find out how many years of experience do they have specifically with income generated from gas leasing?
• What type of past performance do they have with investments? Do they tend to have high turnover of customers or do they have many long-term customers?
• Can they provide you with the names and contact information of references - particularly people who are in a similar situation with respect to receiving income from gas leasing?
• What are their fees and what is their fee structure - flat rate, per hour, commission, or any combination of these fee structures?
• If the advisor makes you feel uncomfortable or high-pressured, then go with your gut and find another advisor.
Additional resources for natural gas investments include: