19 Questions to Ask Your Financial Advisor
19 questions you should ask your financial advisor, or potential advisor before getting started.
19 questions you should ask your financial advisor, or potential advisor before getting started.
Why the 4% rule in retirement was created and how it has done in more recent times.
I am not a rocket surgeon and everything I do you are more than capable of doing. It is simply over the years of being in this industry I have learned some of the most effective and efficient ways to improve a client’s financial picture. Often it involves in keeping fees as low as possible, which is completely within your control.
There’s an expression in my industry around diversification. It is along the lines of – “Having a client properly diversified means always having to say you’re sorry.” The basic premise is not all asset classes move in the same direction, at the same pace, at the same time.
The question of what constitutes a quality financial plan is always a controversial topic in my industry. I thought I would pull out my soapbox and share some quick personal opinions on financial plans. Before I jump in, let me be clear – When it comes to the creation of quality and USEFUL financial plans I believe my industry has once again failed.
I haven’t done a market update in some time and since the 3rd quarter just ended I figured it was time to share some data. In this case, I am not sharing any thoughts. It’s just the facts! Feel free to use this information to impress your friends. However, next week we return to lessons. I think I will talk about behaviors and diversification.