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Subject:  Re: Consolidation Date:  4/8/2010  1:25 PM
Author:  BruceCM Number:  66942 of 88816

You refer to 'broker' as though this is your 'advisor'. Brokers are commissioned salespersons....nothing wrong with this. But using a 'broker' to advise you on investments is not unlike using your local Ford sales rep to be your 'transportation advisor'. Nothing wrong with that either....except that you should expect all of your questions concerning transportation requirements to be couched in terms of Ford products, and never such possible solutions as public transportation, car pooling, etc, as the latter will not improve their income.

With your work schedule and the liklihood that your mind will be embedded in your occupation, you are a good candidate for hiring a real advisor to look after your investment and other personal financial needs. It'll cost you around 1% of your investibles each year, but this is the price you'll have to pay for knowledge, objectivity and independence. In the long run, you'll most likely come out ahead by keeping yourself asset allocated, rebalanced and risk adjusted and by avoiding high-fee funds and financially wasteful products like cash value life insurance.

I'd recommend you go to to find a Fee-Only CFP, CPA or CFA in your area. Call 3 or 4 and interview at least 2. Make sure you are comfortable with them and their approach to assisting you.

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