If the sales chump (er, I mean «
licensed professional financial adviser») can't give you a complete and total rundown of every fee (expense, charge, penalty, cost or whatever other lame - ass euphemism he wants to use), run away and invest in a Vanguard index fund — just compare the expense ratio.
Not exact matches
We recommend that you obtain
professional advice before investing in The Fund (from an appropriately
licensed financial adviser and / or tax
adviser).
The reality is «
financial adviser» is not a protected term and
professionals are not required to be
licensed to dole out advice so it's up to you, the consumer, to understand the certifications out there and how fees are structured.
If you're thinking of seeing a
financial adviser, look for a qualified and
licensed professional that has the appropriate experience to help you, and only deal with someone you feel comfortable with.
For a detailed strategy that takes into account your individual needs and circumstances, consider seeking
professional advice from a
licensed financial adviser.