Talk of The Villages Florida - View Single Post - Bank financial planner or independent financial planner, which one?
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Old 03-24-2021, 08:28 PM
retiredguy123 retiredguy123 is online now
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I would definitely not use a bank as a financial advisor. If you really need someone to advise you on investments, I would would hire a "fee only" financial planner, who is a fiducuary, and states it in writing. Fidelity Investments and Vanguard Investments are two excellent companies to deal with. And, whatever you do, DO NOT let someone talk you into transferring your money into an annuity. If you contact a commission based advisor, that is the first thing they will recommend to you, because it will make them a huge commission.