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re: How to asses financial advisor in this market
Posted on 9/29/22 at 2:36 pm to Hu_Flung_Pu
Posted on 9/29/22 at 2:36 pm to Hu_Flung_Pu
A lot of my clients work with financial advisors and they have been really complaining.
I also have a lot of financial advisors who are referral sources and ones I work on mutual clients with.
What I have been able to pick up is this:
In times of trouble, a good financial advisor keeps you from doing anything stupid.
They eon't necessairly "suck less" than the market.
But... they can stop you from doing things like selling at the bottom or getting crazy desperate.
Certainly not everyone needs that level of hand holding.
I also have a lot of financial advisors who are referral sources and ones I work on mutual clients with.
What I have been able to pick up is this:
In times of trouble, a good financial advisor keeps you from doing anything stupid.
They eon't necessairly "suck less" than the market.
But... they can stop you from doing things like selling at the bottom or getting crazy desperate.
Certainly not everyone needs that level of hand holding.
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