Second Opinion Checklist PC1317-Print

INVESTMENT STRATEGY

Get a Second Opinion. You Deserve It.

Second opinions are common when it comes to your healthcare or auto repair, and it should be that way with your finances. A second opinion could be helpful if you have specialized needs or recently experienced a life change such

as a marriage or retirement. You also may benefit from a second opinion if you are feeling complacent about your current advisor or if you have multiple advisors and are considering consolidation. Here are several things to keep in mind when considering a second opinion:  PRIORITIZE QUALITY OVER QUANTITY The amount of time you’ve worked with your advisor should not impact your ability to evaluate the quality of his or her service and performance.    RECOGNIZE DIFFERENT TYPES OF FINANCIAL PROFESSIONALS In recent years, a number of professional services providers, such as attorneys, insurance agents and CPAs, have started offering limited financial advice. When seeking a second opinion, make sure you are comfortable with the provider’s background, experience and potential limitations as they relate to the products and services offered.  BE TRANSPARENT It’s natural to be discreet about your financial life, but you benefit most from a second opinion when you are transparent. Share your goals of early retirement or how unsettling news reports keep you up at night. Clearly articulating your goals and being candid about your concerns, fears and investment shortcomings will help a financial professional give you a better second opinion.  UNDERSTAND THE FEES

A SECOND OPINION AT COMMERCE TRUST INCLUDES: ■ A COMPLIMENTARY DISCOVERY MEETING TO HELP US UNDERSTAND YOUR FINANCIAL GOALS AND CONCERNS ■ A REVIEW OF YOUR CURRENT PLAN, IF YOU HAVE ONE ■ A RECOMMENDATION FOR A HOLISTIC APPROACH TO YOUR NEEDS THAT INCLUDES AN INVESTMENT AND ESTATE PLAN REVIEW, CONSIDERATIONS FOR YOUR BANKING NEEDS, AND A PROTECTION STRATEGY ■ AN OPPORTUNITY TO REVIEW OUR RECOMMENDATION AND DETERMINE IF WE ARE A GOOD FIT

Before you change financial professionals, gain an understanding of how their fees compare to those of your current advisor. It’s important to know what is included in each provider’s fees and how your account is charged. It is not about low prices, but rather good value. If you have concerns about your portfolio, are interested in consolidating accounts or see room for improvement in your relationship with your financial services provider, you owe it to yourself to seek a second opinion.

Contact a Commerce Trust advisor today for an objective second opinion. 1-855-295-7821 | commercetrustcompany.com

Wealth | Investments | Planning Commerce Trust Company

Commerce Trust Company is a division of Commerce Bank. PC1317

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

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