Quote:
Originally Posted by Paulie Walnuts
I think Banks have muddied the word Financial Advisor. All they really do is sell bank accounts, and invest your money on a pre programmed list of investments.
If you are going to pay for a service, it's not just about your investments, its about guiding you through your entire financial plan. That includes tax planning, estate planning, retirement planning, short term and long term goals, planning for your kids education.
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Yeah...I've dubbed Banks as 'Training Wheels.'
If your Financial Advisor works for a Bank they're accumulating some experience and thats about it. They're very limited.
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