When To Fire Your Financial Adviser.

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Old 08-13-2015, 02:19 PM
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Edward Jones to pay over $20 mln for overcharging muni clients | Reuters
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Old 08-16-2015, 08:02 PM
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Edward Jones IMHO is one of the worst places to put your money.

check out the link below to see how financial advisor fees effect return
https://personal.vanguard.com/us/ins...uth-about-cost
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Last edited by Maxman; 08-17-2015 at 03:30 PM. Reason: new stuff
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Old 08-16-2015, 08:03 PM
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i have fired many in my time.
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Old 08-17-2015, 04:32 AM
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They have been in trouble before.
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Old 08-17-2015, 05:56 AM
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I'm with Fidelity and unless you have them manage your $$ for a cost, they give no good advice..not sure where to go...I'm a real tyro
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Old 08-17-2015, 05:57 AM
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Tyro?
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Old 08-17-2015, 06:17 AM
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tyro= beginner My doctor brother in Melbourne, Fl. also with Fido for years is averaging 17% growth..me 5%..need help..what's new!
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Old 08-17-2015, 08:05 AM
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tyro...fido....are you making this stuff up as you type! Makes no sense and readers will tune you out.
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Old 08-17-2015, 08:12 AM
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Tyro is according to Webster a beginning learner. FIDO is short for Fidelity Investments
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Old 08-17-2015, 10:07 AM
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Quote:
Originally Posted by Greg Nelson View Post
tyro= beginner My doctor brother in Melbourne, Fl. also with Fido for years is averaging 17% growth..me 5%..need help..what's new!
Whole lot of embellishment going on here. BS meter has pegged.
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Old 08-17-2015, 04:19 PM
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It takes time but I find nobody watches my money better than I do. Take in consideration what they cost you and it isn't too hard to do reasonably well yourself. My biggest losses have come on others advice! Either way the big boys still win.
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Old 08-17-2015, 07:21 PM
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Quote:
Originally Posted by lanemb View Post
It takes time but I find nobody watches my money better than I do. Take in consideration what they cost you and it isn't too hard to do reasonably well yourself. My biggest losses have come on others advice! Either way the big boys still win.
amen
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Old 08-17-2015, 08:09 PM
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The time to fire a financial advisor is BEFORE he/she loses some of your money.
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Old 08-17-2015, 10:05 PM
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Quote:
Originally Posted by manaboutown View Post
The time to fire a financial advisor is BEFORE he/she loses some of your money.
And how do you time that?
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Old 08-17-2015, 10:27 PM
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When they recommend investments that do not meet your expressed needs.
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