Do you know all the ways your financial adviser profits from your account? What’s the difference between a broker and a financial adviser? If you can’t answer both of these questions with confidence you’re not alone. Multiple studies show investors are confused – and for good reason. Compensation, both hidden and disclosed, has evolved in recent years. The formerly clear lines of demarcation between different financial advisory roles have been blurred. Why should you care? The reason is compensation structure – how you pay for the financial advice your receive, and the conflicts of interest it causes – affect the quality of advice you receive. This article will show you how to get the best financial advice for your money…
FM 016: How To Choose A Financial Advisor with Michael Kitces
It’s hard to know how to choose a financial advisor. There is so much value at stake; yet, how can you tell the experts from the charlatans? Who can you trust? How do you really know? In this latest episode of the Financial Mentor Podcast I’ll give you a step-by-step due diligence checklist for how to choose a financial advisor that perfectly fits your needs. You’ll discover how to sort through the maze of confusion so that you can get the expert help you need to reach your financial goals – without getting ripped off…
What Frustrates You About Investing? Please Help…
I need your help please!! I’m trying to understand what bugs you about investing. I want you to rant and share your frustrations. Seriously! The reality is I live in a very different investment world than most people. If I’m going to help you then I need to know your problems – right now – please. Get your voice heard because I promise to read every single comment (several times) and take notes. It’s really simple. Please just answer one of the following…