Chuck Jaffe is a senior columnist with MarketWatch. Through syndication in newspapers, his Your Funds column is the most widely read feature on mutual fund investing in America. Chuck has authored three personal financial books, including “Getting Started in Finding a Financial Advisor” (John Wiley & Sons, 2010).


Discussion

RICK from NV posted over 4 years ago:

Where can you find an investment management company's performance over 5-10 years? Is there an advocate/company that measures this type of performance?

Today, many firms are "selling" managed accounts and/or private investment management accounts. FINRA, NASAA and other sites only go so far.


L from MD posted over 3 years ago:

I have the same question as Rick.


William from NJ posted over 3 years ago:

An "advisor" wanting to sell me a fixed annuity left me his card which showed the following notations: "NASD" & "SIPC", what do these signify?
Also, if fixed annuities enanate from insurance companies, would I be better off going directly to a licensed ins. broker rather than dealing with an independent advisor who claims there is no fee? Thanks.


Ronald from TX posted over 3 years ago:

Does AAII have access to Financial Planner, Broker etc preformance data and complaints. Is so is there an AAII page we can look at for ratings to include Fidelity, Vanguard, Oppenheimer etc ratings for comparable stratgies?


John from Virginia posted over 2 years ago:

Are the any opinions on financial planners/brokers who collect a commission / sales charge vs. hourly rate?

I would love to see AAII host a performance / complaint database that members can contribute to and reference.


JS from AZ posted about 1 year ago:

BACK IN THE YEAR 2000 I MADE MORE THAN A MILLION $ IN THE DOT COMS. I WANTED SOMEONE WITH MORE KNOWLEDGE TO MANAGE THIS MONEY.. I SOUGHT OUT A FINANCIAL ADVISOR, ASKING ALL THE WRIGHT QUESTIONS...(AS IN THE ARTICLE)..IT TOOK ONLY 4.5 MONTHS TO LOOSE 75% OF MY HOLDINGS..MY ADVISE IS TO SEARCH OUT SOMEONE WHO ALREADY IS SATISFIED WITH CERTIFIED ADVISOR AND RESEARCH HIS CERTIFICATIONS!


M L from Texas posted about 1 year ago:

All of the above are logical inquiries. Does AAII ever answer posts by subscribers?


BMR from VA posted about 1 year ago:

It took me about seven months to find a suitable financial advisor a decade ago. (1) First and foremost, I wanted a fee-only adviser who would do well financially only if I did well: incentives have to be aligned! (2)it would be a full-service advisor that would assist me in my tax planning and tax returns, retirement planning and estate planning, which implied a team; (3) their investment portfolio philosophy would be consistent with mine (4)the group would have been in business for a full cycle. (5) Of course, they would have a solid training. I found such a group. This group has advised us well, especially during the 2008-09 financial crash.


Michael Redden from CT posted about 1 year ago:

Anyone looking for an "advisor" or considering changing advisors should read; "Get Wise to Your Advisor" by Steven D. Lockshin, published by Wiley.


Satwant from pa posted about 1 year ago:

very much looking for financial adviser,tax lawyer,for the setup of couple of millions need right amount of money to live on, after death to leave for grand children.
Much obliged if someone suggest some comapy or a tried adviser who has dealt with you or your company-/bussiness.
thank you e-mail Satwant39@hotmail.com


Rick from GA posted 6 months ago:

Check out
http://www.clarkhoward.com/news/clark-howard/personal-finance-credit/financial-planner-worth-cost/nhqkQ/
for information on selecting investment advisers/managers.


Ed McGuire from PA posted 5 months ago:

Thanks for the wealth of information provided in the article! FINRA website has some enlightening information, as well. Look forward to learning more about securing a secure future. Moving forward with more confident caution, thanks!!!


Barry Estell from KS posted 5 months ago:

FINRA CRD is pretty much worthless because of all it leaves out. If you have a state securities commission that will check for you, call the office and ask for a complete report. FINRA's primary purpose is to protect the brokers, not the public.


HOWARD from CA posted 5 months ago:

Great article.


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