Wednesday, July 22, 2009

 

5 Reasons to Fire Your Financial Advisor

In his 2005 letter to Berkshire’s shareholders, Warren Buffett tells a story about a fictional family named the “Gotrocks.” As the number of financial helpers they employ increases, the family’s net take from their investments decreases. How can you avoid becoming like the Gotrocks?

Hiring an investment advisor may be one of the most important financial decisions you ever make. Likewise, firing a dead beat advisor should share the same importance...

ETFguide: 5 Reasons to Fire Your Financial Advisor

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