Personal financial advisor reddit In fact, by doing that, I've outperformed every financial advisor people in my family have used. The whole thing just seems a bit off. Some may provide good advice when it benefits their employers but they're not fiduciaries, so they're not bound to look after your interests. Looking to fire my financial advisor because what I pay for (a lot) and what I get (a little) makes no sense. . My main reason for joining was to make use of tax loss harvesting and get some advice on how to limit taxes with stock options from work. Rob Berger if you like in-depth retirement strategy analysis. Reply reply ANAP_Rocky • Does anybody have any experience with using the navy federal financial services/resources? And did you find them to be helpful for long term investments, savings, and budgeting? To add: recently commissioned, new to finances and looking for resources to help with long term financial goals. She's currently paying the . The Plain Bagel and Patrick Boyle if you like more general financial topics explained clearly. In your current situation, a financial planner is not worth it. I agreed to have him set up a meeting. I work for TD Wealth as Financial Planner, I would suggest either look for a branch role as Personal Banking Associate. We occasionally turn away medium-size clients because we just don't have value to offer them. The worse fear is that I don't know how long it's going to last since I've no experience of this industry. I'm on track to graduate with my bachelor's in finance and plan to study for the CFP exam. Resolvé las principales consultas sobre todos los servicios en nuestro Centro de Ayuda y Atención al Cliente de Personal. I have had trouble with portfolio management over the last few years (messed around with allocation, kept too much cash), and have been looking for professional help, so this comes New to Reddit, Also new to Vanguard Personal Advisors. I am currently in BOLC and the First Command finance advisors seem to be putting on events here every few days. Is it stressful? Do you make good money? Do you love it? We would like to show you a description here but the site won’t allow us. Fidelity Personal and Workplace Advisors LLC (FPWA), the sponsor of Fidelity Wealth Services, has engaged Strategic Advisers LLC , a registered investment adviser and a Fidelity Investments company, to provide the day-to-day management of your account. You can do this all yourself by reading books and articles online. Would a role as a J. These types of goals can include buying a house, how much have at retirement, payment for children’s college, things like that. Their advice for what to invest in will be more or less similar to a target retirement age portfolio. I have had trouble with portfolio management over the last few years (messed around with allocation, kept too much cash), and have been looking for professional help, so this comes A financial advisor is going to want you to set up accounts and have them manage them which will cost you thousands per year, perhaps tens of thousands. And once you understand the basics after taking the class above, you'll feel comfortable I’ve been a financial advisor for 5 years. Our advisors will meet you where you are on your financial journey, and help you get to where you want to be. I would like to start investing and I’m looking for a professional financial advisor to help me accomplish my goals. Visit us today to find an advisor near you. Our advisors and consultants are able to connect you with a broad set of resources, including education content, Fidelity’s thought leadership, and local events/seminars. I don't have a complicated financial situation, and drip money into my account monthly for as long as I can remember. Mar 30, 2025 · Key Points Reddit has long had mixed feelings about whether financial advisors are worth it. You wouldn't want someone who charges a % of your assets to manage your accounts on an ongoing basis. I am curious how much there salary starting out and how much after being experienced. So can some of you experienced professionals share your advice on how I can transition my career into financial advisor with the least amount of "pain" or challenges? What kind of firms (can you give me some examples) should I start I am a customer, joined when they were Personal Capital before they became Empower. Much of financial planning is algorithmic (for example the age-based roadmaps in the r/personalfinance wiki is great, like “if-then” statements), however a lot of financial planning is heuristic-meaning there are individual preferences from the available options to choose from. Enterate mas sobre la unificación y el cambio de nombre de nuestras marcas de internet, tv y telefonía. Looking for a financial advisor Me and my husband collectively earn close to ~250k and have a total worth of ~200k and own a house. I've recently left that company for a do-it She is currently in retirement (69 years old) and her risk tolerance put her in the 50/50 stock/bond allocation. I started with Vanguard Personal Advisors service a few months ago. Message the Mods Please know that Fidelity Advisors are licensed with Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser, and registered with Fidelity Brokerage Services LLC (FBS), a registered broker-dealer. Get expert tips for catching up on retirement savings. I recently sought out the help of a financial advisor due to a family recommendation for this specific company. We are invested with a big name financial investment company but have a good relationship with our financial advisor. I second this. The vanguard advisor could be nice to have for initial support, questions, planning, etc. I don’t need active advising but do want help setting up the portfolio and questions along the way. These subreddits serve as digital hubs where users post questions, share experiences, and seek peer input on topics like portfolio allocation, tax strategies, or the best ways to vet financial advisors. 3% for a personal financial advisor through Vanguard. But I’ve heard people talk about financial advisors lately and it made me wonder. We You don’t need a financial advisor to manage $400k in retirement funds. TL: DR - Are the Chase financial advisors worth it? Edit: I misunderstood the difference between advisor and counselor. I know Chase has some, but they charge money. The hope is that a financial advisor will create a personalized plan just for you and your goals. They require a minimum 100k investment (which is almost all but 10k of my cash). Own your book from day 1 and people to help? That sold me. I met with them twice and they proposed an investment plan of purchasing life insurance (200k for 155 a month), 10 percent to tsp, and investing for short term stuff with an account through them that has a 5 percent fee. My little fam has decided that we would like to hire a financial advisor, we talked to a small handful, and now we need some help evaluating the options, especially since this is our first time diving into this world, and we don't know what we don't know. Licensure needed for paid financial advising Hey everyone, I'm considering starting a side gig as a financial advisor/planner independently of any advising firms. Is everyone on this subreddit truly paying fees that high? Morgan Stanley and Fidelity provide reasonable financial advisor services (satellite advisors and electronic/auto balancing of portfolios). They are rooted in a cash flow based approach to planning so you can get quite granular. Financial advisors at banks are sales people, they're there to push the bank's products on you. Apr 9, 2025 · Finding a financial advisor through Reddit primarily involves leveraging its subreddits dedicated to personal finance, investing, and related topics, but with a strong dose of due diligence. Hopefully firms will integrate ai financial planning for diy investors with robo advisors. Unless you have a complex tax or estate planning situation, don't bother with a financial planner. New comments cannot be posted and votes cannot be cast. : r/CFP TOPICS Gaming Sports Business Crypto Television Celebrity Go to CFP r/CFP r/CFP Hi everyone - there are plenty of Reddit articles about this but looking for a refresh. Pagando tu factura con Personal Pay obtenés hasta un 25% de reintegro en tu cuenta. I am located in New Hampshire. With that being said, let's look at prompts that can help financial advisors. You will probably have to apply for lower position and work your way up. Ahora Fibertel es Personal y Cablevisión es Flow. I am also busy - working full time, and a part time student. Advice? Depends what you need. Luckily by the end of my degree, I tacked on an economics minor and really dove deep in my business management courses (along with just a natural affinity for personal finance). The main difference between financial advisors and wealth managers is usually the clientele. We are looking for a trustable financial advisor someone can recommend to help us navigate through our finances and figure out investing, savings and steps we should be taking to retire early. 3%… I am 45, but brand new to financial planning. are all those people millionaires or are there financial advisors for various tiers of income? What’s the minimum one can make where it would make sense to work with a financial advisor? Archived post. I am being pitched by a local JP Morgan financial advisor (not fiduciary, I know). How much do you make? Advisors with over 10 years of experience only. All of the advisors in my area charge $2500+ for initial planning and then a high hourly rate for maintenance reviews ($350+). Moving over ~$750k. The advisor sold me on keeping it simple, hence there was only 5 ETFs / Funds (VMLUX, VMIUX, VWLUX, VTI, VXUS). I'm currently using Vanguard's Personal Advisor Services, and considering moving out into doing this on my own as I don't feel im driving any value from the "extras" they provide. My ex always did that. What you learn there will serve you well for the rest of your life. You should also look at the pretty in-depth wiki on this sub. For anyone that currently uses Vanguard's Personal Financial Advisors services, what value do you get out of it for the . I give my referral network of estate planning attorneys and CPAs constant attention and try to connect them with as many people as possible. She helped us get cheep life insurance and started investments for our future. Analyze Economic Trends As an experienced financial advisor, your task is to analyze economic trends for a [sector]. Others might dazzle you with charm, but your How to find a good personal finance advisor online and what sort of fee on can expect from the if you are just asking to review your portfolio for your retirement planning? I called made an appointment with a financial advisor with Thun Financial, a firm that deals with Americans abroad, and he told me that clients normally have at least 100k before they take them on. A financial advisor is going to want you to set up accounts and have them manage them which will cost you thousands per year, perhaps tens of thousands. After moving the money into a new account, one of the bankers recommended I speak to their financial advisor. On this website, they also have a list of 10 Questions to Ask Your Financial Advisor. But my view of Personal Capital has been sort of they're the very bottom tier of private wealth management. Is it fulfilling? do you like your job? What's the pay like? Payscale seems inconsistent but I assume this is due to bonuses/commission. Archived post. So they called me a couple different times, finally got ahold of me, and I had a meeting. Contratá hoy y disfrutá de beneficios exclusivos por tener más de un servicio de Personal y Flow. If you have a general plan in place (like the 80/20 strategy or the 3-fund portfolio) and you have an idea of what it will cost to retire, then you don't need a financial advisor. Reply reply More replies polkhighlegend • I've thought about talking to a financial planner to get some advice, but I'm not sure at all what a reasonable fee is for one, or how to spot any red flags. A CFP will also have a working knowledge of insurance, estate planning, tax planning, investments, and financial planning. If your life gets more complicated (family, side hustle, etc. I'm wondering if it's a good career and if any financial planners here can tell me what they do and what their experience is like. However, I wanted advice on what questions to ask a financial advisor (as I nor anyone in my family has worked with one before) and if anyone has experience using a Private Client advisor with JP Morgan for investing. The National Association of Personal Financial Advisors is the leading association of fee-only financial advisors. I understand 250k is the minimum amount for a managed account like this, but is this wise? I will talk to a financial advisor not affiliated with JP Morgan, but also wanted a gut check from Reddit. I started recruiting wire house advisors to go independent, spent several years as a wholesaler selling to wirehouse advisors and have spent the past few years in investment banking focusing on wealth and asset manager m&a. I've been told I should be giving advice about how others can work toward a similar situation. That's it :) Do you have a good idea of what money you owe right now? It really depends on personal circumstances, but most people probably don't need a 1% financial advisor unless they have a lot of wealth and have a complex financial situation. 3M net worth (all stock) and have further $1M (before tax) company stock vesting over the next year and a half. I'm new to investing and saw Vanguard offers a personal advisor service for 50k - has anyone had experience using it and is it worth it? I have a financial advisor at my bank but I suspect they work for the bank and not for me but where do I find a real financial advisor that gives me the best advise for me and does not rip me off in the process? Reddit often recomments to get a financial advisor, but where do you find a good one? Not sure if personal or not, maybe something like working at an investment firm likes charles schwab. Apr 5, 2025 · Financial Advisor Reddit refers to discussions and advice shared within Reddit’s personal finance and investment-related communities. I have an appointment scheduled with an in person advisor, mainly because all of my assets are with fidelity (401ks, Roth, cash management etc. Is doing this worth it in your opinion? Any recommendations for publications or educational material for beginners? If it matters, I'm a one person household and plan to stay that way. An accountant might make sense, depending on what you do with your money and how you're paid. A financial advisor that isn't scamming you would more or less say the same thing. A good one will work with your other professionals to make sure your overall financial plan is in trueContext: As with all financial advice, always be cautious and transparent. What's some good This is an unofficial subreddit dedicated to CERTIFIED FINANCIAL PLANNER™ Practitioners in North America. The advisors with experience and results are usually with small to medium sized independent firms. I like my financial advisor, but not for investing: his advice with disability insurance, setting up estate, and edge cases that apply to me and not obvious from boggleheads/reddit. I work with institutions, and I’ve always been troubled by the fact that we let these insurance salesman promote themselves as financial advisors and have a suitability standard, while those of us who serve institutional investors have always been fiduciaries. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. I want to avoid any advisor who will push whatever gets him/her commission. Eventually, I can see high quality AI Finance software available to individuals. El registro es por única vez: el usuario y la contraseña que crees te van a servir para ingresar tanto a la app como a la web de Mi Personal Flow. I've thought about talking to a financial planner to get some advice, but I'm not sure at all what a reasonable fee is for one, or how to spot any red flags. So you have to decide if you'd rather learn about it yourself and manage it yourself or pay someone to do it. Anyone familiar with JP Morgan Chase Private Client Advisor role? Seems like a great gig but I wanted to hear if anyone thinks otherwise 'FinanceGPT' Use this prompt to switch ChatGPT into a financial advisor. Comprá en cuotas sin interés y recibilo en tu casa. This can be a good way to get the conversation started. A common recommendation on this subreddit is a fee-based advisor. com, but also allows your financial advisor read-only access to it so that they can make individualized recommendations (and pitch you their products, I'm sure). Jul 1, 2024 · Discover the best financial advisors on Reddit with our guide to the top-rated professionals. I'm looking for a counselor which lies elsewhere. When providing advisory service through FPWA, our advisors act in a fiduciary capacity. How do you make a living as a financial advisor if you have a passion for serving low net worth individuals? I’m looking to get career advice from others experienced in the field who got into the business because they cared more about the need to help people financially than they did the potential financial gain. If you do it I highly recommend starting in a salary role working as a paraplanner or secondary advisor to gain experience and knowledge to do the job. 1. They position themselves as the top tier of these competitors to justify their higher pricing. I work in asset mgmt (but not as a financial advisor) at a regional bank. If you value investment management and don't want to 100% DIY, consider a robo advisor for a fraction of the cost. ) However, I would also like to get some general advice on how my finances should be arranged I am hesitant about “financial advisors” because I’ve had some experience with bad ones in the past who pushed whole life insurance on people I know, and • 65K base, potential 10k annual bonus. Good financial advisors will help you manage your investments, talk about your goals, values, your future, retirement, children, taxes, and hopefully be more than just a commission for them. A little background, I am currently making 150k to 180k. Investments Hello all, I am debating making a career switch to become a financial advisor. 120k is my base with 5% bonus annualy. The average client of a financial advisor is probably someone who worked a relatively normal job for a few decades and needs help managing their retirement accounts that have between a few hundred thousand and a few million dollars. This involves asking targeted questions, evaluating the advice received, and independently verifying credentials. There are plenty of tools to do it yourself because diy in this sense is just investing your money, however, at a certain measure of wealth, it really does start to make sense, but that’s like maybe 1% of people. 3. 3%… I'm 31yo, single, $2. My spouse and I are 32 and 33 and make about $160k a year and have jobs that provide 401ks, we recently came into a decent chunk of change we’d like to put towards investing— but we are looking for recommendations for someone in the area who provides financial advising services for people who don’t have a ton of money incoming on a regularly basis— middle class millennials like us. I would like to help others and am looking at becoming a self-employed financial consultant/advisor. Consultá tus consumos y gestioná tu cuenta en un solo lugar. Does anyone have experience with Artificial Intelligence Financial Advisors? I know several of the big brokerage firms have been experimenting with them for several years now, but this year AI has taken over every finance/business discussion. Until… A good financial advisor will look at your budget, expenses, goals, time horizon and make it fit your goals. I currently have an MBA and work in management, but do not hold any professional certifications such as CFP/CFA, nor do I have any FINRA licenses like series 6/7/63/65. (frequent r/austin-er here, throwaway account because I'm embarrassed) I am having trouble finding a financial advisor that specifically helps with setting up and maintaining budgets, maybe I just don't know what search terms to use in Google but everyone I have found seems to help only with "higher level" financial planning like investing and retirement and such. ChatGPT will help you to reconsider future purchases. But it is normal to have a solid 20-30 minutes between calls Hey guys, I'm a male in my 20s and I have an account at Chase bank. 23 votes, 29 comments. Morgan Private Client Advisor be a good way to grow into an exclusive HNW/UHNW or possible role at a Family Office? We would like to show you a description here but the site won’t allow us. Advisors leave this program to go to JP private client or fidelity. Financial Advisor in Canada is usually a sales person at a bank. I attend as many educational luncheons as I can to try and pick up on something new that most advisors aren't aware of. Financial advisors are worth it for people without a retirement plan. I enrolled in Vanguard Personal Advisor Services maybe 6-7 years ago and starting to wonder why I am still paying for it? I never touch my money, I never trade individual positions, I just keep pushing money in every month. The advisor had a couple 17 votes, 40 comments. This is my first real financial advisor or planner job. I've always been told that I'm great with money, I have a fantastic credit score, plenty of money in the bank, no debt, investments, and a retirement plan, all by the age of 23. I can read financial column's and tax law changes as well as a financial advisor. We would like to show you a description here but the site won’t allow us. What is the difference between a traditional financial advisor and a fee-only financial advisor? How does one go about getting certified for such a thing? How much can someone charge for these types of services? Is it something that you can make a decent amount of "side income" doing part time? Archived post. What's the average entry If your firm is heavy in financial planning I would recommend eMoney, Naviplan, or MoneyTree. Do you need a financial plan developed? Do you need someone to tell you or do the buying and selling of specific securities? Are you going into retirement or other life change where you need to change things up to minimize taxes? For most people, you don’t need a financial advisor/planner. Oct 20, 2024 · I was thinking about talking to a financial advisor just so I could show them everything I have, ask some questions, and get their opinion on if I'm making smart movies but it seems like financial advisors are less like a resource to ask questions to, and more meant to be money managers. Look for role at big 5 bank as Financial Advisor/Personal Banker. Thanks We would like to show you a description here but the site won’t allow us. I’ve always felt like I could do my own research and find helpful resources, like this sub, to circumvent the need for a financial planner. Isnt the term financial advisor a broad term to anyone that can manage your money, with having an underlying interest in their own personal gain, where as a fiduciary is obligated to act in the best interest of their customer? I'm barely getting into retirements, and the saving money part of life, but I was warned pretty harshly to avoid financial advisors at all costs. A fee-only fiduciary financial advisor can be a great resource to help organize your finances. Financial advisors can be worth it if you have complexity in your financial situation. Who has experience with Edward Jones, and what is their overall reputation? Hello everyone, new guy here. eMoney is probably the best all around in that it both looks good visually but has robust planning features. ), you might want to consider including a financial advisor on your team (CPA, attorney, financial advisor) for advice. I'm 31yo, single, $2. First time post. Financial planning happened to be the perfect mix of hospitality and math/econ for me :) I started as an entry-level service advisor at a VERY small local firm. Does anybody know if hiring a financial advisor is worth it? I've been making terrible financial decisions, and could use someone to guide back to the right track. I have been looking into working with Wells Fargo advisors as I have been banking with them forever and my family has trusted the Advisors product, found good work there. The $60k income is gonna be a push given lack of experience. Aug 5, 2025 · Some financial advisors might charge a hefty fee, treat you to lunch, and ask for referrals while still managing your investments responsibly. • Remote • testing in July • Call center financial advisor attached to a 401K company. The website lets you search by your area, and you can contact 2 CFPs in your area for a free introductory call. I would like to know from a personal experience how it's like. One way to view Personal Capital is as the most expensive of the "robo" advisors, like WealthFront. 4K votes, 894 comments. You don't need a financial planner for managing $300K. Chase is developing more affordable retail investing services too (YouInvest). " Instead, their value comes from advice. If you go the advisor route, I would target a fee-only advisor who has a CFP designation. Duplicá tus gigas, recibí datos de regalo para usar tu celu de módem, aprovechá el descuento Conexión Total en Tienda Personal y muchos beneficios más con Personal Flow. People want a financial advisor so that they "don't have to think about it" - but this means financial advisors attract exactly the people who are most vulnerable to getting screwed. I’ve asked friends and family for recommendations, and a few people actually recommended the same person so I might reach out to him first. Reply reply a_moody • We would like to show you a description here but the site won’t allow us. Share Sort by: Best Open comment sort options Cyprovix • Encontrá ofertas de internet para tu hogar y telefonía móvil con Personal. Al contratar Internet de Personal para tu hogar accedés a beneficios exclusivos que mejoran tu experiencia de conexión. You think there must be more to financial management than that because there’s a whole industry built around financial products and financial advice, but there’s not. Use a robo advisor or diversify with ETFs. I've been referred to an advisor that charges a 1% fee on total assets quarterly. I've decided to move off for the service but still invest with Vanguard. Sep 24, 2025 · Aprovechá ofertas en celulares, smart TV, tablets y accesorios solo en Tienda Personal. I recently got a settlement and have around 100k to invest. Descargá la App Mi Personal y pagá tus facturas, recargá crédito y comprá Gigas a través de la sección Mi Cuenta Personal. Desde la web o app Mi Personal Flow podés realizar tus autogestiones de TV, Internet, telefonía fija y móvil de manera muy simple y rápida. The rest is overtime. The Money Guy for more a more global view general personal finance advice, but their stuff can get repetitive sometimes. Hey guys, I'm a male in my 20s and I have an account at Chase bank. Hello. Figure out what money you owe, create a budget, put aside enough money for emergencies, and start paying down those loans from highest interest to lowest. Look for someone with a series 65/66 license which means they are licensed as an investment advisor. A friend of mine was recommending a financial advisor to our group of friends. P. I will repeat what I just posted in response to someone who has a similar question to yours: Knowledge is power: sign up for a Personal Finance class at your local community college. They don't provide "slightly better investing. MoneyGuidePro is a great tool but I feel it lacks We would like to show you a description here but the site won’t allow us. In other words, vanguard has “hidden fees” that they don’t advertise. Reply reply More replies polkhighlegend • We would like to show you a description here but the site won’t allow us. I’ve used all three and find them all very capable. The FA claims that they charge less in fees than vanguard truly does. Got a bachelors in finance and started after college but it took me a year to find a good firm to start at. One the main benefits I can see with AI software is the We would like to show you a description here but the site won’t allow us. For most people, they are not likely to encounter such complexity until they are older. My partner and I have tried Wow I’m so surprised by these comments against a financial advisor! My husband and I started working with someone from Northwestern Mutual when we were fresh out of college. • A few years as a rep for various companies, 8 months or so here. From what I can tell, eMoney Advisor aggregates all of your accounts, similar to mint. A good financial advisor's concerns when it comes to how you invest your money should start with trying to get an understanding about your individual situation, who you are as a person, how well you understand finances, your lifestyle, specific financial goals, a rough idea of what your total assets are, any major debts. Becoming a financial advisor Not sure if this is the right sub to ask, but I'm interested in pursuing my career to become a financial advisor. The fees seem reasonable. La tecnología de telefonía fija 4G de Personal te permite realizar todo tipo de llamadas: locales, de larga distancia (nacionales e internacionales) y a celulares. You'll find that PFC will almost universally recommend avoiding the bank's financial advisors as a result. Each have their pros and cons as does Merrill. When I was working with a Financial Advisor (Edward Jones), I had access to a report that showed my projected retirement savings and if I would outlive my savings or not based on information we (my FA and I) entered, such as how much per year I expect to save, how much I expect it to grow, and how much I expect to spend per month in retirement. After reading about the Pros and Cons. Put your money in a low cost, total market index fund, and leave it alone for 20 years. Join our community, read the PF Wiki, and get on top of your finances! We would like to show you a description here but the site won’t allow us. Accedé a tu cuenta Personal para gestionar servicios de internet y telefonía móvil de forma sencilla y disfrutar beneficios exclusivos. How do you find a reputable financial advisor? Basically what the title says. The CFP makes them a fiduciary (required to look out for client’s interest first). You are required to conduct comprehensive research on current market conditions, historical data, and future A financial advisor spreads his knowledge across multiple accounts and can not be as focused on my finances as I can. I need an advisor, but not sure how to find one, or how to know if they would be a good fit for me. If we're charging a fee, then we want to be adding value in some way. A financial advisor won't do anything for you at this point that you can't do yourself. Reply reply a_moody • Financial advisors can be worth it if you have complexity in your financial situation. • 40 hours a week. Does anyone know so good entry Lvl Jobs for someone pursuing a career in financial planning? Any companies in mind? All advice is welcome. wncvbk zblr uzi wvcsu zyfhlogy skmge jxynz mtbhzd bwthf cowxkp znbl qpawq eojr sugixnb tfx