Top 5 Questions To Ask a Prospective Financial Advisor Before Handing Over Your Money

You wouldn’t hand over the keys to your home to just anyone.

So why do so many people hand over the keys to their financial future without asking the right questions?

To help you navigate this critical decision, we’ve outlined five (5) essential questions you must ask before entrusting anyone with your hard-earned money.

1. How Are You Regulated, and What Safeguards Protect My Capital?

Regulation is a non-negotiable layer of protection.

A credible financial advisor should be licensed by a recognized regulatory authority, like the Securities and Exchange Commission (SEC) in Nigeria, and be able to clearly explain how your investments are safeguarded.

Ask for specifics:

• What licenses do you hold?
• Are client funds kept separate from company funds?
• How are risks like fraud or default mitigated?

At BlackCod, all client assets are managed under SEC regulations, with strict compliance processes to protect both principal and returns.

2. What Is Your Investment Philosophy?

Every advisor has a philosophy, whether they realize it or not. Some chase aggressive growth, while others prioritize capital preservation.

Understanding an advisor’s approach will help you determine if it aligns with your own goals and risk tolerance.

For example, if your priority is stable, predictable returns, you shouldn’t work with someone whose strategy hinges on speculative bets.

BlackCod’s philosophy is simple: combine growth with security. Our flagship Secure Yield Investment is built to deliver competitive returns while protecting your principal.

3. How Do You Personalize Strategies for Individual or Corporate Needs?

Investing is never one-size-fits-all.

A strong financial advisor will take the time to understand your unique circumstances, whether you’re planning for retirement, scaling a business, or managing multi-generational wealth.

Ask how they customize their services:

• Do they assign dedicated account managers?
• How do they track and adjust for changes in your goals or market conditions?
• Will you have direct access to decision-makers, or will you be passed through layers of bureaucracy?

At BlackCod, every client is paired with a dedicated account manager and a backup manager, ensuring continuous, tailored support.

4. How Transparent Are Your Fees and Returns?

Few things erode trust faster than hidden costs.

Your advisor should be able to explain in plain language exactly how they’re compensated and how fees impact your returns.

BlackCod operates with complete transparency, offering clients regular, detailed reports and direct access to their account manager for real-time updates.

5. What Happens When the Market Gets Rough?

The true test of a financial advisor isn’t during a bull market; it’s when things go south.

Ask how they navigate volatility, economic downturns, or unexpected events. A strong advisor will have a clear risk management framework and a calm, disciplined approach to decision-making.

At BlackCod, risk mitigation is at the heart of our strategy. From active hedging to diversified asset allocation, we ensure that your portfolio is built to weather uncertainty without compromising your long-term objectives.

Choosing Growth and Security

Before you hand over your money, make sure you’ve asked the right questions.Because wealth isn’t just built through returns, it’s built through trust.

Contact BlackCod today at 09139352955 or email info@blackcodasset.com to start a conversation with one of our dedicated portfolio managers.