How To Pick A Planner
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In case you missed it this weekend, here is a story from the New York Times that seems pretty much right on the money.
The author effectively zeroes in on the problem: On the one hand, “Pretty much anyone can hire themselves out as a financial adviser ... ” and, on the other, the average person doesn’t know squat about finance. “While most people hire a financial planner more casually than they might, say, choose a hairstylist, you really should go into it as if you are selecting a marriage counselor,” the writer writes. So true.
While this is written for the inexperienced retail set on how to choose a financial advisor, it might be wise to give this a look in order to see what kind of questions you’ll be asked by the savvy neophyte.
