Ask them if they will apply a Fiduciary Standard
to managing your money and put that into writing (ie the singed contract).
If they do this, then they are legally obligated to put your financial interests ahead of their own. The vast majority of them will not do this and will tell you that a Suitability Standard or some other lesser threshold is good enough. You should be able to infer how the results will play out.
If I were to outsource and pay someone to manage my money, I would certainly want the provider to be legally obligated to put my financial interests ahead of their own (ie Fiduciary Standard).
Can't understand why anyone would do it any other way once they know this distinction.
I think Financial Advisers are very skilled at selling "peace of mind" but it may come at a very large cost and in the end, may not be there at all.
Here is an article further detailing the various standards: http://www.investopedia.com/articles...-standards.asp