re: Financial advisors?

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you should consult a CPA about tax issues, not financial planning matters. I am routinely surprised at how little CPA's know in regards to anything related to investments.

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Uh-oh.....

[quote]You arrogant fool. What exactly is financial planning? It's nothing more than asking a client what are your financial objectives for the short-term, the intermediate-term and the long-term, assessing whether those objectives are reasonable, and then devising a savings plan and portfolio of investment that will achieve those objectives, and then periodically analyzing the results and making the appropriate adjustments. Any CPA is qualified to assist with all of those except the selection of the specific investments, that is where the financial/investment advisors come in.

I am confused as to how anyone could possibly develop a comprehensive financial plan without considering income and gift and estate taxes. Since those tax issues are an integral part of the plan how can you exclude the CPA from the process? Or do you feel you are competent enough in tax matters to deal with those issues?