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Find a financial advisor that makes a percentage of what you make - this has been the changing model behind ultra high net worth wealth management for the past few years to combat the issue of portfolio favoritism.
Financial advisor can mean anything. Better to see “Investment Counsel,†who will take into consideration your complete financial picture before they put you into anything. youtube.com/watch?v=zMoJTSpfpW4 Your goal needs to be maximizing returns not just avoiding commissions.
Both commission-based and fee only financial planners are looking to make money from providing you a service. No matter which kind you choose, you'll have to make a personal determination as to whether they're taking your best interests in mind. Certainly you should interview several and get second opinions if you're not sure.
I find bankrate.com to be a good source for information.
fpaforfinancialplanning.org/fpa4fp/custo... -OR- Are you looking for an investment advisor, who manages your portfolio and will act as fiduciary on your behalf: memberservicecenter.org/irmweb/wc.dll/pa....
I've been an assistant to a financial planner for 12 years. Actually today is my 12th anniversary working for him, but that is another (sad) story. What I've noticed working with him and with other advisors, is to watch out for the "sales" guys.
If you feel like you're being sold a product, then you probably are. One guy I've worked with actually comes off as your stereotypical, greasy, used car salesman and he does pretty good. I don't know how easy you can detect a salesman, but if you get that vibe from them, then I'd recommend to stay away.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.