Financial advisors don’t know as much as they fool you into thinking they do.  Many of them can’t give you any detailed information about the calculations they do on your finances.  CNN Money’s mole gives advice on how to choose a financial advisor that actually knows the financial business.

When you’re interviewing advisors, venture outside the basic questions and dig into some details.  Here are a couple of questions suggested by The Mole:

What’s the annual standard deviation of my portfolio?What asset classes in my portfolio have low correlations with each other?

You don’t have to know the answers to the questions, but your financial advisor should.  Read “What your adviser doesn’t know might hurt you” in its entirety for more.