Sentences with phrase «financial advisers do»

Investment research shows that brokers and financial advisers do not pick better funds.

In general, financial advisers do not recommend accessing or terminating retirement investments for paying off credit card debt.

Financial advisers do not work for free, and neither do mortgage brokers.

Unlike CAs, financial advisers do not have one society or one set of educational requirements because the moniker isn't regulated.

WM: What do financial advisers do well when it comes to guiding their clients on ETFs, and where can they improve?

When it comes to exchange traded funds, what financial advisers do well is «picking solid products with very low cost and strong issuers — the stuff my mom goes into,» says Eric Balchunas, ETF analyst for Bloomberg Intelligence.

Like some financial advisers do and say, «You know what?

By the way, I love my clients, as most financial advisers do.

For this reason, financial advisers do not typically recommend whole life insurance.

This former Wall Street financial adviser does a really good job of explaining the basics in a way that makes it plain — what I call «breaking it down.»

It is crucial that you be at this meeting to support your parents in having what could be a tough conversation, and to ensure that the financial adviser doesn't try to come between you and your parents.

Then again, how well did your financial adviser do for you in 2008?

If financial advisers didn't think this was the best invention since sliced bread, then there would be no reason to whine.

• The feeling that the financial adviser doesn't care because they never asked the most important (subjective) questions.

Be sceptical of the ones that promise you the moon as they may have hidden clauses and restrictions that an agent or financial adviser does not mention.

So frustrating to try to explain notes to people who have the mentality that if their financial adviser didn't recommend it to them then it must not exist!

Not exact matches

But many investors, advisers, and financial writers don't seem to be aware that the benefits of this widely accepted practise are often miniscule or even negative — as highlighted in analyses such as «Costly Harvest.»

Despite never having worked in financial services or sales, with his leadership skills, «I figured that I could do what was required to become a successful investment adviser.»

In doing my research, I realized that virtually every site I visited used the same words to describe what they did and most started off by saying something like «we are different to other financial advisers».

So if your business is on a fast - growth path, and you're looking for that next level of financial and strategic adviser in your business, don't just automatically promote your controller to that role.

«A lot of my job is ensuring clients don't pay too much for investments,» says David Christianson, a financial adviser at Winnipeg - based private financial services firm Wellington West.

On Wednesday, Joseph Swanson, senior managing director of Houlihan Lokey, financial adviser to Noble's senior creditors, had said the proposed restructuring was the only transaction on the table, so creditors were focused on getting it done.

He looked at the statements from their financial adviser and didn't think they were being given quality advice.

Datskovsky: Yes, and how do we find a financial adviser we can trust?

McDermott notes that robo - advisers may still have the upper hand, since they don't have a negative financial history.

Moreover, financial institutions and advisers who do not provide impartial advice as required by the Rule and PTEs would violate the prohibited transaction rules of the Code.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

If you do not understand the contents of this document, you should consult an authorised financial adviser.

«This is a way that people who don't work with a financial adviser can generate income from an IRA or 401 (k),» he says, «and it's also a strategy that any 401 (k) operator can put in their plan.»

We are not registered financial advisers or planners but we do have a lot of collective wisdom to share.

And should not be construed, nor should one infer, that Mark is in any way, shape, manner, or form: a financial adviser, or recommending what one should do with their investing, or any other monetary decisions.

I don't want to rehash all of the reasons why this is a very good idea — I did that last year in an article with the headline «Find a financial adviser who will put your interests first.»

The Office of Management and Budget said that «outdated regulations in place before this rulemaking did not ensure that financial advisers act in their clients» best interest when giving retirement investment advice.

What does this mean for financial advisers?

But what it also does is it fails to recognize the full economic value of a financial adviser.

An Unemotional Assessment — The financial adviser will give you an unemotional assessment of what needs to be done.

You see, it really didn't matter at all if a financial adviser knew what they were doing, because selling diversification strategies to clients made it sound like they knew what they were doing, which was an infinitely better proposition for commercial investment firms than employing financial consultants that actually knew what they were doing.

If one's counterargument to this fact is that this particular task is the job of a portfolio manager, then (1) why assign such misleading titles like «financial consultant / adviser» to their employees when salesman is a more appropriate title; and (2) why does nearly every portfolio manager employed by commercial investment firms stick to low - utility diversification strategies that consistently underperform non-managed, passive index funds year after year?

From there, my job as a financial adviser was done, and my role, if I wanted to be successful, was to go out and capture the next $ 1M or $ 5M to build my cumulative AUM figure.

Does that mean that all brokers, sales reps and investment advisers can call themselves financial planners?

This technology is like a «robo - analyst» that does the grunt work (analyzing financials and footnotes in thousands of SEC filings and building models) and frees the adviser to service clients... with high - integrity, fiduciary - duty - fulfilling advice.

Also, I can not give you official investment advice because I am not an investment adviser registered with the SEC and I am not a CFP (certified financial planner), so if you watch the videos and you see me trading a certain ETF or stock please do not interpret it as a recommendation.

The issue is fiduciary duty — two words that most investors don't understand, yet that shape the financial products you're sold and your relationship with your financial adviser.

I don't think robo - advisers are innovative in their asset allocation, where they are innovative though is offering cheap advice to people who probably otherwise wouldn't be getting it, either through thinking seeing a financial adviser is too much work or is too expensive.

Kalvoda said families should consider setting up a separate entity for these co-investments as she did to make sure their entire family offices aren't forced to register as investment advisers and therefore reveal financial details.

We seek to deliver to financial advisers the very best of dividend growth ideas, and the Dividend Growth Newsletter does just that for dividend growth investors, in our view.

They are less expensive because they don't have the high salaries of many analysts, they don't have high overhead, and they don't pay commission to financial advisers.

Financial institutions, commission based financial advisers, and insurance companies are hoping that you don't Financial institutions, commission based financial advisers, and insurance companies are hoping that you don't financial advisers, and insurance companies are hoping that you don't find out.

Anecdotally, some financial advisers and other finance professionals have said that using Hearsay's software has helped them network — an important component of doing business.

Because 50 percent of people under 40 don't trust financial advisers; 65 percent of investors distrust the financial advice industry as a whole; and 66 percent of the children of clients will fire their parents» adviser when they inherit their assets.