Here’s exactly what financial advisers tell their wealthiest clients — that you might not be hearing
Have questions about your financial adviser or looking for a new one? Email questions or concerns to [email protected].
What should you consider when choosing a financial adviser?
Fee-based: Fee-based advisers will charge fees "while also earning commissions on the products they recommend to you," said Forbes. Some fee-based advisers are "fiduciaries, though it's important to determine if they're always acting as fiduciaries or if they 'pause' fiduciary duty when discussing certain types of products," like insurance.
Opinion
Your Next Financial Adviser Will Be on an App
Private bankers and retirement planners will increasingly use AI to invest and even communicate, but the human element will always be crucial.
Your next financial adviser will be an AI
Traditionally, financial advisers — the good, fee-only ones — would take on only higher net worth clients. But robo-advice, which has been around for more than a decade, changed the economics of the field. Automated asset allocation became available to more people, regardless of net worth.
14 Ways Financial Advisors Can Keep in Touch With Clients
Maintaining strong relationships with clients is a cornerstone of success for financial advisors. Understanding how to keep in touch with clients effectively can enhance trust and foster long-term partnerships.
12 Ways to Get New Clients as a Financial Advisor
Attracting new clients is a challenge that every financial advisor faces at some point in their career. While traditional marketing methods still hold value, the industry’s shift toward digital tools and relationship-driven strategies has opened up new opportunities for growth.
Here Are The Steps To Take When Your Financial Advisor Retires
PennyGem’s Elizabeth Keatinge tells us what to do if your financial advisor retires before you. John Amos Dies: ‘Good Times', ‘Roots' Actor Was 84 Every Major Car Insurance Company Ranked Worst To Best (According To Consumer Reports) Solar eclipse 2024: How to see today’s ‘ring of fire’ event How Many People Really Save $1 Million for Retirement?
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Financial adviser received $1.5 million to steer clients to invest in friend’s’ business
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