Do I understand the progress I am making toward my goals?
Schwab's study of engaged Americans from May 2013 found that 56 percent of those surveyed have a customized financial plan, which is an important first step to taking ownership over your financial future. But do you understand the progress you are making in that plan? It's important to have simple and transparent benchmarks and measures, so make sure your broker offers the tools you both need to track progress against your goals.
If you weren't able to answer these questions on your own, it may be time to ask your broker. Communication is key to any good working relationship and your broker is no exception. It's worth the time and effort to make sure you are on a path toward a successful financial future.