[Stacey Daprile – Ambassador]

I do have one that I use for a portion of my retirement funds. I also self-manage another portion. Personally, I love being able manage some of my own investments, but the thought of managing it all stresses me out. However, we both get about the same annual returns.

[Suzanne Oldham – Ambassador]

I have a financial advisor who is an employee of an investment firm. I was told to steer away from an advisor who isn’t 100% independent. Does anyone have a position on this point of view?

[Antoinette Minor – Ambassador]

Hi Suzanne,

I’ve never heard of choosing an advisor that isn’t 100% independent. I wonder why that would be a bad thing.

[Antoinette Minor – Ambassador]

Yes, I would worry about the stress. I have too many things going on to make sure that I stay on top of my retirement accounts.

[Sum180 Lead Coach]

I think that recommendation was given, Suzanne, with the thought that your BEST chance of getting someone who puts your interests first as a client is someone who is 100% independent. We would agree with that, especially for those just getting started. However, it is possible that an adviser that is affiliated with a financial service firm will do that, but it isn’t a given.