How should I compare financial-advice engagement proposals?

Compare what is actually offered

Ask each adviser to describe the questions they will address and what is outside scope. Establish whether they will review your whole financial position or only a property decision, and whether advice covers cross-border considerations. Clarify which jurisdictions and products they are authorised to advise on, how they verify information and whether they coordinate with your lawyer or accountant.

Request a complete written explanation of charges, how and when they are payable, and whether additional work incurs separate fees. Ask how the adviser is remunerated, whether commissions or other benefits may apply, and what conflicts could arise. Confirm the named professional responsible, relevant qualifications, regulatory status and complaints process; verify these through appropriate official registers rather than relying solely on a proposal.

Compare deliverables and timing: written recommendations, scenario analysis, meetings, implementation support and review arrangements. Ask what information you must provide and how sensitive records are protected. Check termination terms and whether you may obtain a second opinion. A polished proposal is not proof of suitability. Choose based on clear scope, competence and transparent terms, not on a promised investment outcome. A Greek lawyer and accountant remain important for legal and tax questions outside the financial adviser's remit.