Not that long ago, people only met with a realtor to find out what houses he was selling. Of course, that’s no longer the case. Today, most people hire their own realtor when they’re ready to purchase a home, and that realtor represents he buyer’s interests, not the seller’s.
The same can be true of investments. While an individual can meet with an insurance agent or stockbroker to learn if any products that person sells might fit their needs, that agent or broker doesn’t necessarily represent the buyer’s interests — your interests.
More and more people are choosing to work with an unbiased financial professional who does not sell a particular product or try to make that product fit. Financial planners work with their clients to assess their needs, and then go out and find the solutions that best meet those needs.
Does your financial advisor work for you?
Mike McCann helps individuals know how to assess their advisor in an article for Round-up, the magazine of the Maricopa County Medical Society. Read More