This Wall Street Journal article points out key distinctions in the confusing array of brokers, planners and advisors, even noting your age should also guide you in your selection of which type to consider.
How a Pick for a Financial Adviser Can Go Wrong
Let's say you have a health problem and you visit two or three internists. Chances are good you would receive a similar diagnosis and treatment from each doctor. But let's say you take a financial problem, or your retirement...
Have you ever wished your family could talk through the big issues like a parent's care or young adult's trouble? Here are a few tips for running a family meeting. Article is from the Wall Street Journal entitled 'When It's Tme to Huddle.'
This article Questions to Ask Your Adviser About Fees includes excellent ways to distinguish incentives, uncover conflicts and determinne if commissions are too high. A handy guide to try out with your adviser!
This article properly points out the importance of knowing your returns after inflation because after all, your puchasing power is after inflation! You can't eat nominal returns. We are still back to the market highs if you factor in inflation. Also key to understand is that the Dow Jones Index is hardly an indicator of how you may be doing. Well worth reading...
Chris Davis who has lived through many up and down markets warns investors of how often he has seen a client fire their investment manager for underperformance at just the wrong time! He has an antidote and a few ideas.
What the wealth management industry can learn from Lance Armstrong includes solutions that might restore the trust of investors. When investors can actually measure how successful their progress is toward concrete goals, the investor advisor relationship becomes far more honest and mutually rewarding