I've been retired more or less for 15 years. I've had four different Financial Advisors. I imagine that with research and planning I could put together a portfolio of investments that matches what a Financial Advisor creates, minus his fees. You can go to Vanguard and Fidelity websites and use information that creates a suggested portfolio based on risk tolerance.
Perhaps, asking others what their Advisor/Planner has done for them may be useful.
My first advisor was well regarded until the Tech Bubble of 2000. Only 135 clients in on the lawsuit. Also, being on Barron's Top 100 list isn't always a guarantee "that past performance will indicate future results".
Like buying a car you want to do the research before making the commitment.
|