Word: plannersally
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Steer clear of planners beholden to the products of any one financial institution. Understand that no planner is going to be terrific at everything. Most work with a group of lawyers and accountants. Get their names and check them out along with the planner.
According to Forrester Research, about 1 in 5 investors surveyed said they didn't know how they paid their financial adviser. That's a big mistake. Some planners are paid commissions by the sellers of mutual funds, annuities and other products. Others earn fees, either hourly or by the plan...
Look for a minimum of five years of experience as a registered investment adviser. If you're going with a wealth manager, seek one with years of experience and at least $50 million under management. You also want to see solid credentials. Any financial planner with a C.F.P. (certified financial...
Do you feel comfortable with a particular planner? Is she giving you the respect you deserve by answering all your questions and returning your phone calls without being condescending? Most important, does the planner understand your financial goals and your tolerance for risk? If it just doesn't feel right...
Financial planners recommend that parents avoid dipping into their 401(k)s or pension plans to help their children and instead cut back on short-term optional expenses like entertainment and vacations. Advisers also point out one way the tax code can help: if you continue to pay at least...