GREY:MLKKF - Post by User
Comment by
georearlon May 18, 2010 3:37pm
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Post# 17110645
RE: RE: RE: FYI
RE: RE: RE: FYIWell, that put me in my place, and no mistake! Ok, let me clarify.
First- IMO, advisors are generally no more informed than your or I. consider a car sales perosn in the internet age - these days, if you go in to buy a car, you would typically know more about the item you are looking for that the salesperson trying to sell it. Same with advisers, IMO.
Second, unless you are a high net worth individual (and there are very varying definitions on that), an adviser will not care much for you. They may be happy to get you into whatever stock they are pushing, but they won't be looking to tailor strategies to you.
Third - Using a third party, often is an unnecessary delay in the process.
There are good ones and bad ones I guess, I just don't see the use of them.