Financial Advisor
Beware of Your Financial Advisor! [K] [i] [n]
L.T. Drake (Kindle Edition) 2011-01-29
Release date: 2011-01-29
Price:
$7.99
Answers
I like to start my career as Financial Advisor but do not not what company in US is the good one to work for
Merrill Lynch, without question.
Ramblings of a Standard Nerd episode 3: Personal financial advisor This week I talk about what happened to me when I applied for my student bank ...
What's others opinion of them as a company? How do I know this co. will pay out? Is the 8% going to build much, or is that deceptive? that particular one charges .0045 or .45% of our investment yearly. Are there better companies / programs out there?
I would keep shopping around anyway.
Often something that sounds too good to be true usually is.
You do not have to decide now but it us wise to look for other things as well.
or possible happy or unhappy customers and then weigh out the differences yourself.
For an organization I am in, I have to have 2 questions to ask this guy and I have to submit them by today. Any Ideas??
Given the size of the reason Govt Stimulus packages, how will we avoid inflation?
we are interviewing financial advisors to help us invest about 250k in mostly cash some stocks/mutual funds. what is a reasonable fee to expect to be charged on an account of this small size by a fee-only financial advisor? is it worth it?
Let me give you some advice, that i believe will prove useful. First off, insist that the financial advisor give you several different options for your money.
They love to put their clients into mutual funds because that is where they make their highest commissions. The truth is, about 75% of all mutual funds under perform the market. All of them have management fees and some have sales loads. They just aren't that good of an investment vehicle anymore. In my opinion.
I would look at DRIP Plans (which I personally love) instead of mutual funds. Or look at ETF's, which are basically the same thing as mutual funds, except with lower overall average fees.
Just insist that they give you many options, and pay attention to how strong he pushes you toward mutual funds.
Best of Luck
One of my friends is currently into Private Banking in India and wants to continue the same profile in US. I hear you need some certificates more than work experience, is that true? If yes, what courses would provide the required certificates?
Usually a degree in finance would be useful in becoming a financial advisor.
That means 4 years, 190 credits. Business courses.
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American Funds: the Poster Child for "Legal Abuse" in the ...
They're popular because they pay big money to be popular. The one thing American Funds excels in, is doing business the "American way." Which is charging their shareholders high (semi-hidden) fees, and then spending their money on slick advertising, marketing schemes, and kickbacks to Broker Dealers and financial advisors...
News
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Washington PostThomas Curry, president of the National Association of Insurance and Financial Advisors, Falls Church, Va., has scoffed at the universal fiduciary standard Senate to Scrap 'Volcker Rule'all 116 news articles »
MarketWatch (press release) - Feb 25, 2010
to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. and more »



