How to find best financial advisor for you

novamc1 · ‎07-02-2015

https://www.ajc.com/business/how-find-advice-only-financial-advisers/yFBqofjw8WkUuSX7HKaGXK/

gidgetgh · ‎03-09-2010

I think I'm in the minority I guess, but I'm our financial advisor.

My parents never had one and they did ok. We don't have one and we do fine. It's not one of those things that ever occurred to me that we needed to have.

Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?

OKPrincess · ‎03-10-2013

I don’t know much about advisors but a tightwad co-worker of mine years back told me about his advisor (nationally known). He and his wife have been with this company 30 years. DH and I were able to retire at 62. Biggest advice is to put into your 401k max amount yearly, pay off any credit cards and basically get things in order. Once your in right frame of mind you’d be surprised of the things you really don’t need.

151949 · ‎03-09-2010

@gidgetghwrote:
I think I'm in the minority I guess, but I'm our financial advisor.

My parents never had one and they did ok. We don't have one and we do fine. It's not one of those things that ever occurred to me that we needed to have.

We know absolutely NOTHING about the stock market or how to invest money etc. My cousin was a broker and she did all our investing for us until she died from cancer at only 41 years old. Then we asked around among our friends and found someone a few were using, liked, & were very satisfied with the results. We went with him , have been with him for years now and have done well.Something good for us about him is , he is only in his 30's so he will most likely be around for the rest of our lives.

gidgetgh · ‎03-09-2010

@151949wrote:
@gidgetghwrote:
I think I'm in the minority I guess, but I'm our financial advisor.

My parents never had one and they did ok. We don't have one and we do fine. It's not one of those things that ever occurred to me that we needed to have.

We know absolutely NOTHING about the stock market or how to invest money etc. My cousin was a broker and she did all our investing for us until she died from cancer at only 41 years old. Then we asked around among our friends and found someone a few were using, liked, & were very satisfied with the results. We went with him , have been with him for years now and have done well.Something good for us about him is , he is only in his 30's so he will most likely be around for the rest of our lives.

@151949- that’s great. It works for you. I kind of do know a little bit about the stock market, though I currently don’t own any stocks.

And I’m sorry about your cousin. She was very young.

Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?

shoekitty · ‎03-10-2010

Our cpa is in wealth management as well. We love him, and he has done our taxes well for almost 30 years, we went with him. We just do not want to manage the funds now, maybe later! It took us amost 2.5 months to get the 401k out, and do a bunch of stuff and hand it over to advisor. We just now got a monthly payment, whew. With retiring,so quick, my husband was a stressed mess. Not that I didnt tell him to wait a few months, retiring in 6 weeks is a race against time. He is 72. It was time...but 6 weeks????

“sometimes you have to bite your upper lip and put sunglasses on”….Bob Dylan

ccassaday · ‎10-21-2010

My parents have one. When my dad retired he had a substantial 401k and pension. He was kind of lost on what to do with them after retirement. About a year before he retired he was watching our local pbs station and they had a young man only in his 30’s who was certified in retiremrnt planning. He called them and they were giving out a free consultation if you had over a certain amount to invest. He made a appointment and the rest is history. He is very good. He even asks you to come in every few months to review their investments. He has it set up where they get a pretty big amount every month which is basically just the interest on what is invested. If they need to take our a sum of money for something they can take out so much a year on top of their monthly income. So between the income they get from this and their SS they can live a nice retirement life.

shoekitty · ‎03-10-2010

If the market keeps falling we ma not have much to worry about.

“sometimes you have to bite your upper lip and put sunglasses on”….Bob Dylan

SilleeMee · ‎05-22-2016

I just scheduled an appointment with a 'credit councelor', not because I need help with my spending but rather as a way to get some information about my options when it comes to borrowing money during my senior years. I am looking forward to this session. I think it will help me make some very important decisions about my financial future.