There are hundreds of investment advisors claiming to offer the best investment advice. For investors, it can become a daunting task to select the best financial mentor. Mostly, good investment advisors have sound credential to back them. Therefore, the first step is to authenticate their credentials. Sometimes, scammers posing as an investment advisor can offer seemingly authentic results. For example, Bernie Madoff is one such imposter who robbed $60 billion from hundreds of investors including Steven Spielberg. Hence, experts suggest that investors should always arrange a face-to-face meeting with their financial mentors. Such meetings can help evaluate benefits and potential scams.