How to Pick Them

Advisors and Better Returns?

Can you quantify a smarter way to own mutual funds? Vanguard Group thinks so. It believes you – and specifically your advisor – could add more than three percentage points to your returns by adopting seven principles.

Vanguard, which specializes in low-costs index funds, recently published a report that lists the seven value-added types of advice that advisors can use to potentially fatten your performance. To make their idea a reality, of course, you need to choose the right fund manager.

Using Advisors: Start Early

Congratulations, recent 2014 graduates. You now embark on an exciting new chapter of your life. You are eager to start a career and work toward achieving all your goals. But where do you begin? How do you make the best out of your first paycheck, and others to come, to finance for your ambitions and dreams in life? Answer: Get a good financial advisor.

Advisors: Trust but Verify

You can never be too careful with the major matters of life – especially your financial future. Take a lesson in caution from a former U.S. president and the heavily armed guards at the gates of a military facility. Trust but verify your financial advisor’s bona fides.

I have the honor to provide financial counseling to service members, going to military installations to talk to soldiers and their families regarding financial issues such as buying a home, saving for retirement, reducing debt or creating a budget.

How to Manage Your Wealth

Some think of advisors as purely investment focused. But for many people your advisor should be a wealth manager – someone who can give you guidance on both financial planning and investment issues ranging from topics like estate planning to taxes to insurance to investments.

Weighing an Advisor’s Biases

Is your financial advisor biased? To find out, just check two things: Is the advisor human? Is he or she breathing? If so, the advisor is biased. You need to assess an advisor’s biases in evaluating the person’s advice.

6 Ways to Find an Advisor

The professional you pick to manage your assets and advise you on key financial decisions affects your retirement and other major financial goals more, maybe, than even you. Make the right choice.

When trying to find a financial advisor, you may ask your attorney or accountant for a referral. Makes sense, as you trust their advice. Just as important, these professionals cross-pollinate with the advisors of many clients (like Glassman Wealth Services), so often they know a variety of financial planners and who might fit best with you.

Planner? Investment Advisor?

What’s the difference between an investment advisor and a financial planner? The answer goes a long way toward helping you find the right professional for your financial needs.

People in financial services often throw around a confusing number of different titles, certifications or degrees. To clarify this question and direct you to the right type of professional, here are some distinctions:

How Do You Manage Wealth?

For some, “wealth management” means managing money. For others, setting up estate planning. For still others, planning how to protect assets. There’s no right universal answer – but the answer for you dictates your entire investing and saving philosophy.

How to Cope Amid a Disaster

You’re fired from your job. Your spouse dies. You’re in the middle of a divorce. Big changes muddle your decision-making and, in life as in investing, you sometimes freeze the action to regroup.

When your life turns upside-down, you can only think about all the things you need to do. The more you think about them, the bigger your headache becomes. You feel stuck.

Death of a Spouse: Now What?

If your spouse recently died, you now have special considerations when planning your financial future. Here’s what to know.

As most surviving spouses are women, we focus here on widows. Widowers will also find this information valuable.


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