*Last week I read an article in a prominent financial magazine written by an unnamed professional financial advisor. Unsurprisingly, he simply spouted off reasons why everyone should work with a financial advisor and even recommended readers invest with someone who will operate in a “fiduciary capacity” (AKA have ultimate control over your money).
He did make some solid points, namely about the importance of finding someone independent and trustworthy with an investment style you’re comfortable with. These characteristics are crucial to your peace of mind— your future is everything, and you need someone with your goals in mind managing your money.
The author made finding your dream advisor seem as easy as asking a friend or someone you respect for a recommendation. I hate to break it to you, but he or she doesn’t exist— unless you consider yourself an option. Who knows your needs, risk-tolerance, and plans for the future better than you?