It is essential to know how frequently your financial advisor supposes to meet you. As your personal circumstances change, you want to make sure they are willing to meet with you often enough to be able to update your investment portfolio in response to these changes.
Advisors will meet their customers at different frequencies. If you plan to meet your advisor once a year and think it was important to discuss something with them; would they be available to meet you.
You want your advisor to work continuously with current information and know your situation at all times. If your situation changes, it is important to share it with your financial advisor.
It is important that you are comfortable with the information your advisor provides and that it is provided in a complete and usable manner. They may not have a sample, but they could access the one they previously created for a customer and share it with you by removing all customer-specific information before viewing it.
This will help you understand how they work to help their clients achieve their goals. This will also allow you to see how they are monitoring and measuring their results and to determine if these results match the clients' goals.
In addition, if they can demonstrate how they help the planning process, this will tell you that they are actually doing financial "planning", not just investing.
Advisers can only be paid in different ways. The first and most common method is for an advisor to collect a commission for his services. A second, more recent form of compensation is to pay advisors a fee equal to a percentage of the total assets under management of the client.