Quote:
Originally Posted by MsSurfer
I am looking for recommendations for a financial advisor within The Villages that can help someone totally reluctant to make any change from a current broker. Do you know of a professional who offers reliable advice about annuity and other investment accounts (to someone totally ignorant about investments)? I have an appointment with Truist about an annuity account, but aren't there other options, whether it be a bank or brokerage? Alternatively, are companies who offer a free meal to talk about retirement planning a legitimate option? The way their ads are presented reminds me of timeshare sales and makes me leery. Thank you for any responses.
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I would stay away from annuities (high fee structure that benefits the seller) and banks (I don't believe they have the expertise). We have been with EDWARD JONES for 15+ years (not a local office as we stayed with our original guy up north). All I can say is that we have been taking money out since retirement and the account balance is more than when we first retired. Of course we are following agent's guidance so as not to run out. He calls us at least quarterly to check-in and rebalance accounts (change investment strategy) as they can't perform trades without your permission. When we have questions, he is very responsive either via web site or phone call. You don't see a lot of advertisements from this firm but I would suggest checking them out and I see they have several offices in TV. I recommended my two adult kids to EJ and they are both happy with results.