If you have retirement accounts and keep up with financial news, you’ve probably heard of the new DOL Fiduciary Duty Ruling. The Department of Labor has created a ruling that would require any financial professional to act under the fiduciary standard when dealing with retirement accounts rather than the current suitability standard.
When it comes to investing, we believe that it’s essential that you understand yourself first. No investment strategy is the “golden egg” of investing. Each strategy should be built to fit individuals needs and personalities. A strategy that works for a young CEO may not work for an older couple getting ready to retire.
Meeting with a new financial advisor can be an intimidating experience, especially if you have never met with one before. You are allowing them access to information that most people don’t get – your finances. It’s important, as the potential client, to understand when the relationship may not be best for you.
If you are planning on meeting with a financial advisor for the first time, it’s important to have information and knowledge about who they are and their philosophies. You should feel comfortable with your advisor. That’s why we pulled together this list of questions to ask a financial advisor.
One of the best places to start your search for a financial advisor is to ask friends, family members, and colleagues whom you trust for names of their financial advisors. They can give you personal experiences and hands-on recommendations for individuals in your area.
You’ve probably heard the term “financial advisor” once or twice in your life, but what that truly means can be ambiguous. Financial Advisor is a term used by financial professionals who are paid to give financial advice to their clients. However, there are a variety of different advisors that individuals can select from depending on […]