Comments on: How to Pick a Financial Advisor http://www.richcreditdebtloan.com/how-to-pick-a-financial-advisor/ Wealth, Leverage, Money, and Cash Flow Mon, 22 Feb 2010 03:59:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dr. Len Schwartz http://www.richcreditdebtloan.com/how-to-pick-a-financial-advisor/comment-page-1/#comment-1493 Dr. Len Schwartz Thu, 30 Jul 2009 16:04:31 +0000 http://www.richcreditdebtloan.com/?p=263#comment-1493 I believe bullet number 5 is a big one when picking a Fiancial Advisor. You must do a thorough check on the Financial Advisors background. It's sad to say but, you need to be extremely careful with your money these days. People are becoming more and more corrupted in today's world. May I say Bernie Madoff! I believe bullet number 5 is a big one when picking a Fiancial Advisor. You must do a thorough check on the Financial Advisors background. It’s sad to say but, you need to be extremely careful with your money these days. People are becoming more and more corrupted in today’s world. May I say Bernie Madoff!

]]> By: Jason @ Redeeming Riches http://www.richcreditdebtloan.com/how-to-pick-a-financial-advisor/comment-page-1/#comment-1483 Jason @ Redeeming Riches Thu, 30 Jul 2009 01:22:01 +0000 http://www.richcreditdebtloan.com/?p=263#comment-1483 Yeah, I agree with ToughMoneyLove, you need to find out how they charge. Other things to consider would be what is their service model, can you trust them, and are they personable. Most people don't want to work with a jerk. I understand your comment on having someone who is employed by a company providing greater security, but don't underestimate the fact that a lot of times employees have quotas, sales targets and revenue goals they must meet in order to stay employed. Someone who is independent doesn't have to worry about a boss hammering them to sell something. Yeah, I agree with ToughMoneyLove, you need to find out how they charge. Other things to consider would be what is their service model, can you trust them, and are they personable. Most people don’t want to work with a jerk.

I understand your comment on having someone who is employed by a company providing greater security, but don’t underestimate the fact that a lot of times employees have quotas, sales targets and revenue goals they must meet in order to stay employed. Someone who is independent doesn’t have to worry about a boss hammering them to sell something.

]]> By: ToughMoneyLove http://www.richcreditdebtloan.com/how-to-pick-a-financial-advisor/comment-page-1/#comment-420 ToughMoneyLove Tue, 25 Nov 2008 15:25:28 +0000 http://www.richcreditdebtloan.com/?p=263#comment-420 You omitted the most important qualification: Are the fee-only or are they compensated based on your investment selections or amounts? You omitted the most important qualification: Are the fee-only or are they compensated based on your investment selections or amounts?

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