financial planners

10 Things Financial Planners Won't Tell You

10 Things Financial Planners Won't Tell You

Right after politicians and lawyers, financial planners have to be the most mistrusted, suspected, and questioned profession these days. And with good reason. With the Bernie Madoff’s of the world running rampant, fewer and fewer people are willing to turn their life savings over to someone else. (Yes, we realize Madoff was an investment advisor, not a financial planner per se, but you get the meaning.) Well, after reading this, you’ll probably be even less likely to hire a financial planner. financial planners won’t tell you as follows:

Find A Good Financial Planner

Find A Good Financial Planner

I’m not convinced that they’re totally necessary but if you’re going to look for a financial planner, here’s how to go about it. While some financial planners argue that fees, investment returns, education and experience aren’t that important when selecting a financial advisor, impartial observers almost always disagree. Case in point is US News’ listing of six steps to finding a good financial planner. Their suggestions are as follows:

If Your Financial Planner Won't Tell You How They Make Money Off Of You, Run Away

If Your Financial Planner Won't Tell You How They Make Money Off Of You, Run Away

Money has a new column written by an anonymous financial planner (and you know how much we love that sort of sh*t), who says that if your financial planner is honest, he or she will tell you how you’re making them money.