When You Cant Afford A Financial Planner

Ive read with interest your comments about fee based financial advisors. However, you have yet to address the issue that fee based relationships work only if your nest egg is $1,000,000 +. Those of us smaller hitters are overlooked by financial advisors who are compelled to work exclusively with accounts that will generate sufficient return on their time invested. I guess that is just a harsh reality of life.

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[rcdrury1]

While I completely understand the potential for conflicting interests, I get tired of the implication that a planner who is compensated through commissions is to be assumed untrustworthy or biased.

I would submit that a purely independent advisor who practices a truly comprehensive philosophy, offers a virtually unlimited array of solutions, and is compensated similarly regardless of his recommendations is a far superior option for persons lacking the financial means for a fee-based planner.

[LifeStyleDesignComp]

Great Video :)

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