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re: Hiring a financial adviser............Updated
Posted on 11/27/12 at 2:44 pm to Broke
Posted on 11/27/12 at 2:44 pm to Broke
No this person will be totally independent from any compensation she receives. Now during our consultation I may ask that he help out with our 401ks, etc. I also want some advice on tax planning, etc.
1
Posted on 11/27/12 at 2:55 pm to TJG210
quote:
No this person will be totally independent from any compensation she receives. Now during our consultation I may ask that he help out with our 401ks, etc. I also want some advice on tax planning, etc.
Interesting. I've only run into this once before where the gentleman pays me $700 per year to manage his 401K allocations and just generally help him out with his financial life. His company pays for it. I have a fee per hour but I pretty much let him have whatever time he needs for any questions. It's worked out pretty well. He doesn't abuse my time. More than likely it will be the same scenario.
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