Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Last edited by Bonnevie; 02-11-2017 at 09:36 AM. Reason: spelling |
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#32
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Fross & fross
My wife and I went to several wealth management seminars over 13 years ago. After much thought and research, we decided to go with Thomas Fross. We are still with them today, and they have done very well with protecting & producing results with our portfolio. We highly recommend them. We have never been sorry.
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#33
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Many advisors are competent but most by law have no obligation to steer you to the right thing. They many times make recommendations based on what commission they will make. And if you don't really dig and research, you think you are paying them overall much less than you truly are.
I'm sure most of these companies are nice to their customers - they should be - they are getting a lot of your money. Even if your investments tank, they still get their cut. |
#34
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If I were inclined to trust my investments to an adviser, which I don't, I would ask to see (documentation) what THEY were invested in and to invest mine into the same.
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#35
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I have handle our investments for 10 years. We do have an advisor but my money is still mine to choose. Any fees that I would have paid to someone goes to a higher risk, and money made goes back to my regular funds. I want to look into the online advice of bobblehead
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#36
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This may not be a good idea as his/her investment goals may be considerably different from yours. Different goals mean different investments. Also, his/her's level of risk may be considerably different than yours.
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#37
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Being responsible of my own wealth management, also means that I don't have to spend oodles of my investment money sponsoring Polo Teams, paying for big billboards... and incessant advertising/mailings/free dinners. |
#38
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#39
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Exactly! That was my thought when with Fross and Fross. I looked at the total amount they handle and figured 1% and no way could it pay for all those things. That's when I looked deeper into what they put me in and then got out as fast as I could. The REITS I'm stuck with for quite awhile. What I really was upset with is they pointedly sold me on being able to trust them so I could just enjoy my retirement and I believed them. But again, some are obviously very happy with their service so it's a matter of opinion.
Last edited by Bonnevie; 02-12-2017 at 10:19 AM. Reason: clarification |
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