Archives by Tag 'Financial Advisor'

So What Do All Those Letters Mean?

By Linda Leitz - Last updated: Tuesday, October 25, 2016

Many of us look to professionals to give us valid financial planning and investment advice.  This seems reasonable.  People choose to have a professional help them with many aspects of their lives.  It may be having a competent attorney write or review your will or having a professional auto mechanic change the oil in your […]

Motherly financial advice

By Linda Leitz - Last updated: Wednesday, July 20, 2016

There is financial advice that falls into the same category as advice that our moms gave us growing up. Standard advice from moms includes making good choices, dressing and acting in an appropriate manner, and being nice to others. Here’s some basic financial direction that a mother could love. If it seems too good to […]

Standard of Care

By Linda Leitz - Last updated: Tuesday, July 12, 2016

When you ask for financial advice from professionals, what standard of care do you expect from them? Do you expect them to give you recommendations that are in your best interest? Or are you satisfied with having recommendations that are suitable for you within the range of what an advisor has to offer? A fiduciary […]

Compensation matters

By Linda Leitz - Last updated: Tuesday, January 19, 2016

Any time you get professional advice, you should expect to pay for it. Good financial advice is no exception.  Each way financial advisors can be paid and each has pros and cons. Fee only advice is when the advisor gets all compensation directly from the client. This is different from fee based, where advisors might […]

Hiring a financial advisor

By Linda Leitz - Last updated: Tuesday, December 8, 2015

People sometimes hesitate to hire a financial advisor because they assume that professional advice is expensive. One thing that can be more expenses is no advice. Another is unprofessional, bad advice. Since hiring a financial advisor isn’t an everyday occurrence, it’s difficult to know how to approach it.   Nailing down what kind of financial […]

Financial Literacy

By Linda Leitz - Last updated: Tuesday, June 9, 2015

On I-25 there is a billboard that reports that 20% of high school students drop out. We also hear of our youth reaching high school without the ability to read or do basic math. So it’s not surprising that financial literacy is low, not just among youth but in our general population. Many want to […]

How to Get the Most from Your Financial Advisor

By Linda Leitz - Last updated: Friday, April 17, 2015

Getting professional financial advice can be one of the best investments you make. It is, in fact, an investment, and like any investment, you can do things that increase or decrease that value to you. Here are some tips to help get the most out of your advisory relationship. Do your homework. If your advisor […]

Hiring the Right Professional

By Linda Leitz - Last updated: Wednesday, July 30, 2014

Sometimes people are frustrated with the outcome of their relationship with their financial advisor. Certainly money matters are not to be taken lightly and not where you want to learn by mistakes. Sometimes the first misstep is in where you look for advice. You wouldn’t ask your car mechanic to write your will and you […]