Do you have a financial adviser?

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  • #2731

    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.

    #2738

    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?

    #2741

    Hi Suzanne,

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

    #2742

    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.

    #2750

    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.

Viewing 5 posts - 1 through 5 (of 5 total)
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