Do financial advisors always need to see a pay stub?
- They do not have to know. If he still demands it - find another advisor. Did you know you do not really need an advisor? You can use a discount broker like Schwab and Fidelity and do investments yourself. /
- How can the person advise you if you choose to keep your finances secret?
- What type of advice do you expect to receive if you refuse to provide your advisor with a look into your financial situation? You are working against yourself. Fee - for - service advisors base their fee on your income and net worth. They will not work with you if you refuse. Good luck with your plans! Based on Judy's answer, did you mean to say INVESTMENT ADVISOR? That is something very different
- If you cannot trust your FA with that information, why are you going to trust them with anything else? The short answer is no, but the long answer is important too. You do not "have to" tell or give a financial advisor anything. However, how much they will be able to help you depends both on their skill and the information you provide. In addition, if you do not trust them, you should not do business with them, period
Knowledge Base
hi guys, i was hoping to possibly stir up some interesting conversation and get some honest feedback from everyone about our common topic of interest: investing commercial or residential real estate. regardless of the level of experience you have in real estate, what would you say your top 5 or (home mortgage)
my wife and i live in a home legally donated to us by family. we have ownership. can we use this home as collateral for a mortgage loan on another home in another state? if so, how does that work?. do not see why not. each state has different rules (property investors)
i am a 34 - year old professional and i have about $35, 000 in cash money market accounts that i want to invest over next 6 - 8 weeks. i have a long - term horizon 5 - 10 years, and i am planning to buy a home soon (property investors)
Knowledge Base: Investment Companies
does a financial advisor need to see how much your salary is in order to take you in as a client? i do not want my future fa to know how much i make for various reasons. what type of advice do you expect to receive if you refuse to (investment firm)
my company matches dollar for dollar up to 10% of my income that i invest in company stock. the stock has been dropping as of late and i have a negative return. would it be wise to change my investment into something more secure until i see the first sign (investment firm)
i am trying to open up a corporation where people can buy stocks from all around the world. it will be the first stock company of it's kind. but i can not find a good name for it. what are some great names for a stock investment company? my second (financial advisors)
how are the services of kotak ? anyother reliable agency?. try meeting few stock brokers and collect lots of information. tabulate it and you will know exactly what you are looking for. one basic information should be "floor" or "stop loss". simply put how much money you are prepared to (stock investment)
i have fidelity for my retirement and my husband has principal funds for his because that's who our employers go through. we want to open another investment account to save money for a down payment for a house hopefully faster than the low rated savings and cd accounts would get (investment companies)
Knowledge Base: Financial Advisors
i have a question. i am into some pretty deep debt. i was wondering if anyone knew how a financial advisor or financial planner works. how would i pay them? i am needing their help to help me pay off debt so how do i possibly afford to pay them?. (financial advisors)
need a certified financial advisor who can help me allocate my ets. all of the consulting will be done through email. better do some kinda background check on them. or find someone well known - that is recommended by other people. i am not certified and having a cfa do (financial advisors)
there is a large market out there and no one seems to want to tap it. yes, it woud take a while to build but there are a lot of people, like me, who need help managing their finances - including credit issues, budgeting and retirement / investments - but (financial advisors)
are financial advisors worth the $ i would pay them? i need some advice for financial planning but not sure what to do about an advisor? am i better off on my own?. if you have any shred of self control you are better off on your own. they are (financial advisors)
i believe we will go up a tax bracket soon - are expecting as well - need to do some financial planning - wondering if advisors are worth it? any opnions appreciated!. financial advisors are usually insurance salespeople. no they are not worth it. i work for a private financial (financial advisors)
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