re: Financial Advisor Hammond Area

Avoid anyone trying to sell whole life insurance, loaded funds, or charging % of assets under management. Even a 1% fee can cost you something like 28% of accumulated balance over 30 years.

The only way I'll use a financial advisor is if they charge a fee only (but not AUM) and are a fiduciary. XY Planning Network and FeeOnly Network provide a place to find fee only local advisors. I've searched them but havent pulled the trigger yet myself.