Here’s the question you really want to ask your financial advisor by Lorie Konish
…….if you haven't asked your financial advisor how they are being compensated, now is the time to ask……
Articles by FirsTrust
FirsTrust's CIO weighs in on Chairman Ben Bernanke's Economy Prediction for 2020.
Former Federal Reserve Chairman Alan Greenspan recently said he sees asset bubbles everywhere in financial markets globally. And now, former Chairman Ben Bernanke sees policy errors making the next inevitable recession more problematic.
How Dealing with a Fee-Only Advisor is Good for the Client (As Seen in Economic Times)
Remember that a person selling a product can never be a true advisor, as their interest lies in selling their product and meeting their targets. So, who should someone seeking advice turn to? The best bet for the investor would be a fee-only advisor, who only offers advice, just like a doctor/lawyer and does not sell products or get any remuneration from it. In such a case, the advisor would work in their best interest, offers the most appropriate solution and charges a fee for it.
Five Ways to Avoid Financial Adviser Fraud by John Wasik
………"Investors must insist their advisors put in writing they will do certain things that the best advisors today already do," said Knut Rostad, executive director of the Institute. "The Investor Bill of Rights will help them."
4 financial gifts for graduates by Brittany Jones-Cooper
…Money is a popular graduation gift – and with good reason. College grads in particular will likely be leaving school with overwhelming amounts of student debt and not much knowledge of how to pay it off. Sure, you can simply hand them a wad of cash; that's probably what students would prefer. But if you want to be more thoughtful about your gift, here are some other ways to give.