Sentences with phrase «advisor does»

My overall brand «positioning» is no different than what a financial advisor does for people looking to invest in a savings or retirement account.

I don't know how he claims it, but I'm sure his tax advisor does.

Working with a financial advisor doesn't normally carry that dynamic; there's a sense of trust, that the advice you're given is meant for your financial gain, not theirs.

But a good financial advisor doesn't just give you the same cookie cutter advice.

In contrast, a home - based financial advisor doesn't share these types of risk, so they won't be factored into their rate.

Have you ever wondered what it is that a financial advisor does?

Your advisor doesn't earn any money if they suggest you pay off your mortgage.

Hiring a financial advisor doesn't guarantee you'll retire rich, but it can increase your chances.

Pretty much every robo - advisor does a fee comparison on their website which shows you can save a bundle in fees compared to investing with a conventional advisor using mutual funds.

I'll put it this way: the commission earned by an advisor does not decrease the value of your annuity.

Excessive spending is a warning sign that your advisor doesn't understand wealth building personally.

This means the advisor doesn't make money through commissions and has your best interest in mind.

The use of the Calculator by a financial advisor does not constitute an endorsement or a recommendation by ASIC of any products or services or of any third party products or services offered by such financial advisor.

If the advisor does offer advice and is not a fiduciary, there is no advantage to the plan sponsor; only the advisor's ego is served here.

If an advisor pitches you a product that «guarantees a 6 % return without any risk to your principal», this advisor doesn't care about you and all they are doing is trying to do is make a sale.

Investment Newsletters: Most investors have no contingency plan for how to react if their chosen advisor doesn't perform as hoped.

The only fees charged to clients are the net expense ratios charged by the ETF holdings in the portfolio (every robo - advisor does this).

Really, what does your advisor know that every other advisor doesn't or couldn't know?

Just because someone is a fee - only advisor doesn't make him or her automatically trustworthy.

Fee - only means the advisor doesn't take commissions, product incentives, or third - party payments as hidden compensation.

It's helpful to have someone on your side who sees things from a holistic perspective, and that's exactly what an advisor does — helps you develop an investment plan and keeps an eye on where everything is going.

The advisor doesn't have a predefined bright line because the capacity changes with market conditions.

Depending on how well your service advisor does his / her job depends on how much money you make.

If an advisor does become subject to the new DOL rule, he or she will likely be required to comply with the best interest contract exemption and execute a formal agreement with the client that commits the advisor to act in that client's best interests.

So the advisor needs to hire staffers who can do what the advisor doesn't like to do and is not good at doing.

In non-advised sales, the advisor does not make any personal recommendation and lets the customer decide how they wish to proceed.

The only fees charged to clients are the net expense ratios charged by the ETF holdings in the portfolio (every robo - advisor does this).

Ask yourself, «What does my advisor know that every other advisor doesn't?»

In fact, a recommendation for a participant to take a rollover distribution would be viewed as fiduciary advice, even if the advisor does not include any actual investment recommendations along with the rollover recommendation.

The Approved: May 23, 2014 Committee is not required to assess the independence of any compensation consultant or other advisor that acts in a role limited to consulting on any broad - based plan that does not discriminate in scope, terms or operation in favor of executive officers or directors and that is generally available to all salaried employees or providing information that is not customized for a particular company or that is customized based on parameters that are not developed by the consultant or advisor, and about which the consultant or advisor does not provide advice.

These recommendations are fiduciary advice even when the advisor does not otherwise have a relationship with the participant's 401 (k) plan or pick investments for the IRA.

Correction: This article has been updated to reflect that at least one robo - advisor does offer a socially responsible investing option geared to millennial clients.

He also sees a market opportunity in offering socially responsible investments because, he said, most major robo - advisors do not offer them.

It might seem like a straightforward question, but a majority of Americans who have a financial advisor don't know the answer.

To proactively increase the effectiveness of potential references, he periodically sends current clients a series of questions and answers reminding them of what his advisors do and how they get paid.

SES and its directors, officers and advisors do not undertake any obligation to update or revise any forward - looking statements, whether as a result of new information, future events or otherwise.

However, make sure that your advisors don't outnumber your team members.

Why would they accept a «buy and hold» strategy when that's not what their advisors do with their own money?

«A lot of advisors don't consider the fact that money coming out of an annuity is taxed as ordinary income and not at the lower capital - gains rate,» said Evans.

The fiduciary standard is a federal requirement designed to ensure that financial advisors don't sell clients products that are better for the advisors than for the clients.

I was good with real estate from my teens, but only woke up to investing in the stock market on my own about 7 years ago (regrettably let advisors do it for me).

This transition period gives newly - minted fiduciaries time to fully comply with the rule — which many advisors did not expect to be implemented.

Halbert Hargrove Global Advisors did not pay a fee to participate in the survey.

Retirement Benefits Group hired a third - party to benchmark their fees against the rest of the industry, something Weir recommends other advisors do as well.

Editor's Note: CEF Advisors does not ignore expense ratios but we tend to care more about relative NAV performance, which nets out expenses.

Advisors don't need better training, they need better research.

Further, the final rule defines a variety of investment education activities that fall short of fiduciary conduct, and makes clear that advisors do not act as fiduciaries merely by recommending that a customer hire them to render advisory or asset management services.

«A lot of advisors don't quite understand what it is they're selling when they're selling annuities — but to tarnish the entire industry is ridiculous,» said Moshe Milevsky, associate professor of finance at York University in Toronto and executive director of the IFID Centre at the Fields Institute for Research in Mathematical Sciences, in an interview.

In an email sent out at the end of January to Raymond James employees, Reilly called a recent leaked White House memorandum supporting the DOL as «an example of biased and distorted research (that) impugns the integrity of the work our advisors do every day to help clients achieve their financial goals.»

Raymond James Financial CEO Paul Reilly is among the industry executives against the proposal, calling it in a recent email to employees «an example of biased and distorted research (that) impugns the integrity of the work our advisors do every day to help clients achieve their financial goals.»