- Types of Advisors
- How Advisors get Paid
- Marketing the Illusion
- Passive vs. Active Investment Management
- What Should You Do?
Do you really need a Financial Adviser to get ahead or is this a service sustained through marketing? This is the question I will answer with what I've learned behind the scenes as well as from my 20 years of experience in the field. In addition, I will provide some rules to live by that will simplify the whole idea of planning and investing.
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I have been a financial adviser since 1999 when I started as a trainee with American Express (now Ameriprise) Financial Advisors. After 5 years I felt there were too many conflicts of interests (mainly getting paid commissions) and left to start my own firm where I have worked ever since as a fee-only adviser.