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Here's How to Choose the Best Financial Advisor for Your Retirement

Here's How to Choose the Best Financial Advisor for Your Retirement

A great financial advisor is worth their weight in gold. However, not every financial advisor specializes in retirement-related issues, and that's where retirement advisors come in. A retirement advisor is a financial professional who can help you plan for and manage your retirement. Whether you're late to retirement planning or want another set of eyes to check out your current plan, there's no one quite as capable as a great retirement advisor.

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Michael Koenig, CFP®, J.M.
Michael Koenig, CFP®, J.M.
On the Fiduciary Duty of Loyalty, the Nature of Informed Consent, and the Requirement of Substantive Fairness

On the Fiduciary Duty of Loyalty, the Nature of Informed Consent, and the Requirement of Substantive Fairness

Can a person ever serve two masters? Does a fiduciary investment adviser possess the obligation to avoid, rather than just "properly manage," conflicts of interest? When a conflict of interest exists for a fiduciary, full disclosure of the conflict of interest is required (in a manner designed to ensure client understanding), followed by "informed consent." This begs the question … would the client of a fiduciary investment adviser ever provide consent to a proposed action which would be harmful to the client? This gets to the heart of the fiduciary relationship.

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FirsTrust
FirsTrust
The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement

The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement

The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers, agreeing to end landmark antitrust lawsuits by paying $418 million in damages and eliminating rules on commissions.