Comments on: Is a Fee Only Financial Advisor for You?

By: Lucrative Investing

Lucrative Investing — Tue, 06 Oct 2009 21:50:00 +0000

I recommend a fee based broker for people who are on a budget, just be prepared to know that you won;t be able to get everything laid out to you that you might need depending on your needs and requirements.

By: Warren-Investment Advisor

Warren-Investment Advisor — Wed, 30 Sep 2009 22:29:18 +0000

I believe that most people rather deal with a fee only financial advisor. On the other hand there is an argument to be made about the financial planners who get 100% of their income from their clients, and no money from fund companies. Some people preffer to pay their advisers because this way you know that they are working for their clients interest instead of theirs.

By: Best etf funds list

Best etf funds list — Wed, 22 Jul 2009 13:00:52 +0000

A fee based financial adviser has thier own place just like the other ones. If you want to do own research and control your investments than i like a fee based one. If you want someone else to decide how to invest then use the other one. You have to look at what they tell you to do with your money and do own research no matter wich one you use.

By: DG

DG — Wed, 08 Jul 2009 15:37:23 +0000

Why is it that commission based advisors always get a bad rap? Is there the possibility that some commissioned based advisors really do care about how and where they invest peoples money? What about the insurance companies that also offer broker dealer services and have advisors that hold securities licenses? If you can’t tell already I work as a commissioned based advisor with a large company and I always do what is best for my clients regardless of the commission. As a matter of fact I have given up the opportunity to make THOUSANDS of dollars more in commission because it wasn’t the right fit for my client and I have done this on numerous occassions.

By: Best No Load Mutual Funds

Best No Load Mutual Funds — Wed, 20 May 2009 15:40:57 +0000

My dad has an account with Merrill Lynch (or I guess BOA now). His advisor is a great guy. But honestly the financial advice is awful. Not only is he paying performance fees as a % of his assets (not sure what it is exactly) but he’s in all these high expense poorly performing mutual funds.

My Mom is looking for a financial advisor and I’m strongly encouraging her to go with an advisor with a set hourly fee.

Best No Load Mutual Fundss last blog post..The best of the top no load mutual funds

By: Chicago Realtor

Chicago Realtor — Sun, 26 Apr 2009 05:38:26 +0000

I am using a fee financial adviser too, although we did not miss this financial crisis. But I do not know how to invest myself, so I still think it worth to use a paid financial adviser. Chicago Realtors last blog post..Just Sold! 8 E Randolph St Unit 2402, 2702 and 2902

By: finance review

finance review — Tue, 21 Apr 2009 01:31:00 +0000

I certainly do agree with JCL’s argument there. you should always focus on the much more objective approach than the regular stereotypes. And as far as for your article, financial advisers indeed have many hidden cost involved which I think mot of the people are not aware of.

By: JCL

JCL — Mon, 22 Dec 2008 15:29:23 +0000

I think the fee based model works not only in investments - if you can find a fee based advisor like you point out above - but also in other areas. In our area of expertise (rental units) for example if you want to find out how extensive foundation damage is on a house, don’t call a foundation contractor - they want to sell you their services - rather, pay a structural engineer their fee to give you a report… it will be much more objective… then you can give that report to your foundation contractor and hold them to that amount of work and no more.

By: incentive script

incentive script — Thu, 13 Nov 2008 13:56:31 +0000

i prefer fee financial advisers over the other one