by Micah Porter | Dec 7, 2020 | Blog, Fee Only Financial Planning, Financial advisors
Regardless of your reason for seeking financial advice, there is almost certainly a financial advisor who can help. Need assistance with retirement planning or investments, or just want to make sure you’re on track financially? There is no shortage of advisors who...
by Micah Porter | Feb 14, 2020 | Blog, Financial advisors
If you are wondering how to find a financial advisor, you’re not alone as the process can be challenging. The industry has long lacked consistent standards, and anyone can call themself a financial advisor. To make matters more confusing, what financial planning...
by admin | Feb 28, 2018 | Blog, Financial advisors
I’ve never trusted whatever version of Who’s Who has contacted me over the years. The various pitches were always full of flattery — not only were they willing to honor me, but they were even willing to throw in a book so handsomely bound that the Franklin Mint would...
by admin | Jan 18, 2018 | Blog, Financial advisors, Investment Management
If you’re considering working with a financial advisor, at some point, you’ll probably discuss the advisor’s investment track record. Most advisors aren’t going to offer a public track record of how they’ve done because unlike mutual fund or ETF managers, financial...
by admin | Sep 28, 2017 | Blog, Financial advisors, financial plans, Uncategorized
The financial services industry has evolved over the years. For decades, nearly everyone who worked in the industry was a stock broker and the job was to sell stock. Ideally, the stocks went up more than other stocks, but if they didn’t, successful brokers always had...
by admin | Aug 2, 2017 | Blog, Financial advisors, Investment Management, Investments
Years ago, I was sitting in on a conference call for a mutual fund that had done well for clients but had stumbled recently. The calls offered a chance for advisors to ask questions of management and get more in-depth information about their thoughts and strategy. One...
by admin | Jul 5, 2017 | Blog, Financial advisors, financial plans, Investment Management, Investments, market timing, Near Retirement, Retirees
In last week’s post, I walked through the challenges of market timing strategies in investing. The buying low and selling high that characterizes an ad-hoc approach doesn’t work, and it can be tough to stick with a more formal market timing strategy. Finally, there is...
by admin | Jun 21, 2017 | Blog, Fee Only Financial Planning, Financial advisors, Habits
When I first considered becoming a financial advisor, I assumed financial analysis would be at the heart of financial planning. A rigorous mathematical framework for a plan and incisive securities analysis would be the tools that would inevitably lead clients to...
by admin | Feb 8, 2017 | Blog, Financial advisors
The reputation of the financial services industry is, to put it mildly, not great. Surveys have found that trust in the industry is generally low, and still other studies have shown that financial advisors rank just above congressmen and car salesmen for...
