A free 10-question quiz that grades your financial advisor on the factors that matter most — fiduciary duty, fees, communication, investment strategy, and trust.
Most people with a financial advisor have never asked the most important questions about the relationship. Are they a fiduciary? What do you actually pay each year? Do you understand your investment strategy? When was the last time they reached out to you? These are the questions that separate advisors who genuinely work for you from advisors who simply work with you.
The Financial Advisor Report Card is a structured evaluation across 10 dimensions that an experienced advisor knows matter most. Answer the questions honestly and you'll receive a personalized assessment with a letter grade, specific red flags to address, what your advisor is doing right, and the single most important question to bring to your next advisor meeting.
What the report card evaluates
Fiduciary status and legal obligations to act in your interest
Compensation structure and total annual cost
Communication frequency and proactiveness
Investment strategy clarity and alignment
Risk tolerance match and portfolio appropriateness
Tax efficiency and proactive tax planning
Credentials and professional qualifications
Conflicts of interest in product recommendations
Trust and overall relationship health
Created by Konrad Pimiskern, a retired financial advisor with 30+ years of industry experience at firms including Raymond James and Edward Jones.
Start the quiz
Answer 10 questions and get a personalized assessment of your advisor — including red flags, green lights, and what to ask next.
Question 1 of 10
How are they compensated?
This affects whose interests they're legally obligated to serve.
Are they a fiduciary?
A fiduciary is legally required to act in your best interest, not just recommend "suitable" products.
What do you pay annually (fees + costs combined)?
Include advisory fees, fund expense ratios, and any other charges.
How often do they proactively contact you?
Not counting your own outreach to them.
Have they ever explained their investment strategy in plain language?
Could you explain to a friend why your money is invested the way it is?
Does your portfolio match your actual risk tolerance?
Think about how you felt during the last major market drop.
Has your advisor ever recommended tax-loss harvesting or tax-efficient strategies?
This is a basic value-add that good advisors bring up proactively.
What credentials does your advisor hold?
CFP (Certified Financial Planner) is the most rigorous general credential.
Has your advisor ever recommended products that seemed to benefit them more than you?