By: John P. Napolitano, CFP®, CPA, PFS, MST

Just like a professional sports team, it would be wise idea for you to review your entire team of service providers. Being early in the New Year, there is no time like the present to evaluate that you have assembled the right professionals to help you keep your financial house in order.

The hardest part about this evaluation is judging the quality of advice and service that you get from each member of your team. As your relationships endure, it is sometimes difficult to place a professionally skeptical eye on your beloved team to complete a scorecard. One such possibility to assist you is to engage another professional merely for a second opinion. Make sure that your second opinion provider is a fiduciary, and acting in your best interests rather than trying to sell you something other than the advice of a second opinion.

Questions that you may ask yourself in this endeavor to ratify the team that you’ve built include questions about levels of communication, results, and subject matter expertise.

As for the level of communication, do you feel as if any of the professionals on your team need chasing?  It is both unprofessional and unproductive to have people on your payroll that you have to always hunt down.  All of the advisors on your team should be pro-active and make it their business to be sure that you are informed ahead of any anticipated needs or changes.

Read More


John Napolitano's weekly Making Cents article is published by several Gatehouse Media outlets such as the Patriot Ledger and the Dover Post.

John P. Napolitano CFP®, CPA is CEO of U. S. Wealth Management in Braintree, MA.  Visit JohnPNapolitano on LinkedIn or The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.  John Napolitano can be reached at 781-849-9200.