April 17, 2024

Bucks: Tips on Choosing a Financial Adviser

In his Wealth Matters column this week, Paul Sullivan discusses a new firm, Spring Reef Partners, that will screen and select financial advisers for wealthy families. The questions that Spring Reef asks — how does a financial advisory firm handle problems that arise, how much experience does an adviser have, among others — are good questions, no matter the amount of money an investor has.

Paul also discusses the big mistakes that investors make, including listening to friends and family for advice, rushing the process of choosing an adviser and relying on a name brand firm.

Are you happy with your financial adviser? How did you go about choosing that adviser? And do you have any advice for others who may be thinking of getting back into the markets?

Article source: http://feeds.nytimes.com/click.phdo?i=077a78ffe0142fdb76c2e77b39ae1dac

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