[Babubhat]

ETF are all you need. Save the fees. Vanguard and Fidelity have robo investment strategies. Your advisor is just going to use one of these programs. Do you really believe they are going to beat the market consistently? See Warren Buffet,

You are only paying for hand holding

Best Vanguard ETFs to Build a Portfolio

[petsetc]

Originally Posted by mkjelenbaas

Bad idea - that is like repairing your engine by reading how to do it - pay an expert and then relax- if interested in someone out of state let me know - I have been with my broker for 15+ years and he is HONEST AND TRUSTWORTHY!!

Thank you for telling me my successful strategy is a BAD IDEA.

[Grill Meister]

I have had a very successful financial advisor for over 20 years and my portfolio has shown continued growth, based upon my expectations of "no-risk....moderate risk.....risk". I strongly suggest you contact:

KEN WINGERTER, VP INVESTMENTS, MORGAN STANLEY WEALTH MANAGEMENT
8889 PELICAN BAY BLVD., STE. 300 , NAPLES, FL, 34108
Phone: (239) 449-7830
Ken.Wingerter@morganstanley.com
(239) 449-7830 800.234-9928 MOBILE

He is not only proficient, he is very conversant so you will have a clear understanding of what he will do for you and what you can expect.

Tell him that his very favorite investor in The Villages referred you to him.

[Babubhat]

Honestly why would you trust a stranger.? Look up the educational background of these people. You likely will be unimpressed. It’s your money, fees are unnecessary. ETF are tax efficient,

If you really want an advisor look at Josh Brown from cnbc. Reformed broker

Joshua Brown Profile - CNBC

https://ritholtzwealth.com/

Op-ed: Josh Brown'''s four questions to ask your next financial advisor

[Babubhat]

[QUOTE=mkjelenbaas;2053696]Bad idea - that is like repairing your engine by reading how to do it - pay an expert and then relax- if interested in someone out of state let me know - I have been with my broker for 15+ years and he is HONEST AND TRUSTWORTHY!!

Too vague a statement. Many have never seen a bear market

[JoelJohnson]

Anthony Gould
Anthony.Gould@ml.com
(352) 350-2752

Merrill Lynch Sumter Landing

[Luggage]

If you're not happy with your last brokers then you must have had your cash in the bank. Nobody really knows what's going to happen with the economy but there's at least a 50% chance it's going to go up in a 50% chance it's going to go down. The simple response is to do it yourself and most people on here are telling you to use ETFs which is right.
At our age . Keep 20 to 30% in cash in government bonds short-term or the bank and the rest you should invest in varying degrees in the following
Large cap ETF
Midcap ETF
Tech stock ETF
Overseas stock ETF

Then don't look at it for a full year because you're going to go crazy when things go up and down that's all you need to do.

The stock market goes up and the stock market goes down and you'll get at least the growth that everyone else gets
PS keep 5% to pick out a few stocks individually just to play with because you know you want to

[Lisanp@aol.com]

Read “The Ultimate Retirement Guide for 50+“

[retiredguy123]

Managing your investments is a DIY project. The problem with hiring an advisor is that people who need advice the most are the least capable of screening out the shysters, who will take advantage of them.

[Haggar]

There's a lot more to investing that ha been talked about. Having been a financial advisor (I'm a CPA) - that's past tense.

What the risk profile of the investor - some people want a portfolio that don't go up and down like is happening now, some are willing to take risks. What are their needs is the future? What's their net worth now? Do they have a significant other? What's their age?
What's their health?

For anyone to suggest an investment strategy and what investments to buy for someone else is a disservice.

Some investors don't feel secure in doing their own investments with the wide range of products out there. So the question that started this thread seeking an investment advisor is probably the right solution for them.

[Singerlady]

Originally Posted by Catmostar

We are looking for a new investment advisor. I have had BAD luck with the last several and have being using TDAmeritrade on my own. I did OK last year, but I want someone who knows what they are doing. I do not want any income - no annuities - just want to increase my net worth.

I looked at some on the internet in Lake Sumter, but they are so young/inexperienced.

Any suggestions?

Scott Windsor. Citizens First Bank. Don’t worry about him being affiliated with a bank. He’s very experienced (25+years), professional and a fiduciary! Very happy with him.

[Catfishjeff]

We have a financial manager who has done a great job for us over the past five years. He takes 1% as a fee but pays for himself many times over. When the market is down, we don’t get killed. When the market is up, we do well. He’s located in California and a partner in his firm. We Zoom whenever we need to talk with each other and he plans on moving to Florida in 5 years. If you are interested, PM me and I’ll share his contact info.

[stevecmo]

Save the fees. Go to bogleheads.org and read the wiki. You can learn everything you need there. Then go to the forum and read. Then ask questions on the forum. Lots of knowledge and helpful folks.

It's not as hard as everyone thinks. It just takes a little time to research an learn.

[mrf0151]

Synergy Wealth Alliance here in The Villages. 15 years with them now and they are excellent in every facet. The litmus test is this, our portfolio only went down 11 percent during the market crash in 2020 while the broad market went down 33 percent.

Contact: Matt Wade or Carrie Letsinger

matt@synergywealthalliance.com

carrie@synergywealthalliance.com

352-2598498

[nmpettus]

These guys are a fiduciary. They work for you. Very highly recommended. Brow wood free consultation. Check with them, they will not steer you wrong.