How to Hire (or Fire) Your Financial Advisor

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Fund company executive turned wealth management company founder Ivan M. Illán shares ten revealing questions to ask every financial advisor in new book

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Without the tools necessary to discern a high-quality advisor from a low-quality advisor, it’s a recipe for financial disaster.

Investors work too hard for their money to let it be squandered by someone who only wants to line their own pockets with commissions. While the Department of Labor and Securities and Exchange Commission are attempting to regulate the industry, clients need a primer on how the financial advisory business really works.

That’s where author Ivan M. Illán steps in. Illán, a former leading mutual fund company executive who founded an independent wealth advisory firm, walks readers through ten simple questions to ask any advisor. The questions detailed in his new book, “How to Hire (or Fire) Your Financial Advisor” help readers uncover hidden conflicts of interest, remuneration and sales incentives and performance accountability standards, making it a must-have tool for any investor.

“While there are many benefits to having an expert manage money, it's essential to pick the right person to preserve and grow wealth, Illán said. “Without the tools necessary to discern a high-quality advisor from a low-quality advisor, it’s a recipe for financial disaster.”

Illán, founder and co-CEO of Aligne Wealth Management Preservation LLC, based out of Los Angeles and New York City, is also the grandson of the former undersecretary of the treasury for the Castro Revolutionary government. Inspired by his grandfather’s values, Illán has been innovating the wealth management industry for more than 20 years.

Throughout his institutional and retail advisory careers, Illán has learned that investor education is the key to investing success. “When it comes to investing based on guidance from someone who’s asking to be hired for that job, investors must realize the time has come to empower themselves,” he said. “Regulators will never be able to do it as completely or effectively, since there are too many financial advisors out there who shouldn’t get the business in the first place.”

For more information, visit

How to Hire (or Fire) Your Financial Advisor: Ten Simple Questions to Guide Decision Making
By Ivan M. Illán, CFS
ISBN: 978-1-4917-7036-8
Available in softcover, hardcover, e-book
Available on Amazon, Barnes & Noble and iUniverse

About the author
Ivan Illán earned degrees in finance and philosophy from Boston College and holds the Certified Fund Specialist (CFS®) designation from the Institute of Business & Finance, and is a member of the CFA Institute, CFA Society Los Angeles and New York Society of Security Analysts. He's the founder of Aligne Wealth Preservation LLC, with more than $350 Million in managed assets, and the largest firm by custodied assets with The MassMutual Trust Company, FSB.

Illán has been featured in articles in The Washington Post, The Wall Street Journal, Dow Jones Newswires,, Financial Advisor Magazine, a webisode series with The Wealth Channel with The American College, and more.

For review copies or interview requests, contact:
Jade Schwarting

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Jade Schwarting
Bohlsen Group
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