A few months ago, I was in a coaching session with a woman who was very confused about how her advisor gets paid. Her advisor worked for a major brokerage firm and insisted that he was “fee-only.” She felt uncertain if this was the truth so I asked to look at one of her statements. Continue reading “Is That Advisor Really Fee-Only?”
I began my career as a financial educator 18 years ago, only they didn’t call me an educator. I was a 401(k) enroller and my job was to educate employees on the benefits of participating in their employer-sponsored retirement plan. I very much enjoyed speaking to the many different groups of people that made up the workforce but I wasn’t a big fan of the travel — and neither was my young, new bride. Continue reading “Confessions of a Former Financial Advisor”
Over the last 2 weeks, I’ve talked about investing. Which firm is best? How do you view risk? So, I figure I’ll keep the ball rolling on questions I hear a lot about investing. Continue reading “3 Things to Know Before Choosing a Financial Advisor”
When a friend of mine recently told me that she had a financial advisor, I asked her how much he was charging her. At first, she didn’t think he was charging her anything. When she realized that he probably wasn’t helping her out of the goodness of his heart, she acknowledged that she had no idea how or what she was paying him and didn’t remember him ever discussing this with her. Continue reading “How Much is Your Financial Advisor Costing You?”
