The solution: a financial advisor should be like a personal finance manager, someone to help you set goals, build a plan and stay on track. See the references of your friends and consult the Institut québécois de planification financière. Be prepared to talk to multiple candidates. “Ask what they promise customers,” says Scott Plaskett, CEO of Toronto’s Ironshield Financial Planning. Can they share an example of a plan based on a proven method, showing how they work? Their answer should help you assess their ability to do what they are doing.