Getty Images A financial adviser can do a lot of things — provide advice to help you manage your finances, execute trades on your behalf, create holistic financial plans based on your short- and long-...
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As inflation hits a new 40-year high, 5 financial advisers on what they’re doing with their own money amid high inflation
Getty Images/iStockphoto The annual rate of inflation in the U.S. rose to 8.5%, which is a four-decade high, new consumer price index data revealed. Inflation hasn’t been this high since the early 198...
2 things all the financial advisers I talked to told me — that I don’t like
How to find the right financial adviser for you. Getty Images/iStockphoto Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a por...
I’m 57 and I don’t have much money. Is a financial adviser right for me?
How to find a financial adviser Getty Images Question: I’m 57 years old and late to the party. I do not have much money socked away nor do I have investments outside of my retirement fund, and I never...
‘A plan to protect any excess cash is vital.’ As inflation sits at a 40-year high, here’s who has ‘too much’ in savings right now
Inflation may be your cash’s greatest enemy. Getty Images As inflation hits a 40-year high, you may be asking yourself if you actually have too much money in your traditional savings account. The answ...
7 red flags that signal it may be time to dump your financial adviser
Getty Images/iStockphoto In these trying financial times, more Americans are leaning on financial advisers for money advice. While in 2020, 22% of Americans said a financial adviser was their most tru...
My financial adviser seems deeply Republican, and I’m liberal. Does this matter?
Should you let differing political beliefs impact your choice of a financial planner? Getty Images Question: I’ve worked with the same financial adviser for about 10 years — and I feel like he’s done ...
Here’s who might not need 6-9 months in their emergency fund, pros say
Does everyone need emergency expenses in a savings account? Getty Images/iStockphoto Traditional advice suggests you need 6-9 months of expenses in an accessible savings account in case of emergency. ...
This is the minimum amount of money you should have in savings, pros say
How much money should you have saved? Getty Images/iStockphoto You probably know the emergency fund ‘rule’ — save anywhere from 3-9 months of expenses to cover a potential unexpected expense. And whil...
4 of the top 100 financial advisers on the best money advice they’ve gotten
Often, advisers have received tips from mentors and colleagues to help them successfully conduct business, grow wealth and interact with their investors. Getty Images When it comes to investing and ma...
6 financial advisers on how they’re handling their investments amid inflation
Amid high inflation, here’s what financial planners are personally doing with their money. Getty Images/iStockphoto The rate of U.S. inflation hit 7.9% in February, according to government data releas...
If your financial adviser didn’t ask these 6 questions, give them a call
Getty Images You may know all the questions you should be asking your financial adviser (if not, read our story on the questions to ask here), but did you know a new adviser should also be asking you ...
I’m 60 with ‘well into seven figures’ saved. Should I get a financial adviser?
Getty Images/iStockphoto Question: I am 60 years old, single and don’t have any children. I am well into seven figures with retirement savings, made up of three 401(k)s, two mutual funds and a $350,00...
‘They all promise to help’ but no financial adviser seems to offer what I need. I have two 401ks, Roth accounts and real estate, and want a one-time plan for managing my money myself. Can you help?
Looking for a financial planner who works for a flat fee? Here’s some advice on how to do it. Getty Images Question: I have done a lot of research to find a fiduciary, but the bottom line is I have ye...
The average savings account pays 0.06%. Earn more at these 8 financial firms
Looking for high-interest savings? These accounts pay more than average. Getty Images/iStockphoto The national average interest rate for savings accounts is a lowly 0.06%, according to Bankrate’s Febr...
I inherited ‘a sizeable amount’ from my mother. A financial adviser took me out for a free meal at an investment seminar, and made ‘some good, interesting points.’ But should I be wary?
Let’s hope you enjoyed your meals but didn’t swallow too much of that investment advice. Getty Images Finding good, trustworthy financial advice is tough. Sometimes people luck into a recommendation f...