re: Financial Advisor Question

What if he is a CFP or a Financial Advisor? You wouldn't take financial advice from him because he works somewhere that sells life insurance?

As the first poster said, it depends more on who you are using, te company is secondary. If the advisor is a good one and had a great track record, go with him/her

I've run into plenty of prospects that have been churned and screwed by people at brokerage firms like Schwaab and plenty that have been told terrible information at different insurance companies as well. So, there isn't a right answer besides pick who you trust the most.

quote:

---

Don't get your financial advice from an insurance salesman.

---

90% of the people I meet who call themselves financial advisors are insurance salesmen. When a "financial advisor" makes a presentation to one of my clients the first thing I look at is how life insurance fits into the financial plan being proposed.

The same applies to estate planners. I can't count the number of times I see an irrevocable life insurance trust as the centerpiece of proposed estate plans.