3. Does the company you work for sell investment funds/products?
There is nothing wrong with investing in a proprietary investment fund/product your advisor is selling if it is the best option available. However, advisors who work for banks, brokerage firms, and insurance companies are required to attempt to sell you their firm’s funds/products first, whether they are a good solution or not.
Generally, investment advisers working for RIAs do not have firm-branded investment funds/products to push. As a result, you have a better chance of getting a lower-cost, higher-quality recommendation from them.