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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75537  
Subject: Re: Any reason to keep my financial advisor? Date: 3/2/2012 11:11 AM
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Any reason to keep your Ameriprise financial advisor? Other than a desire to pay their country club dues and their children's college fund, I'd say no.

If you need help managing investments, look for a fee-only financial planner who can probably set you up with an appropriate portfolio strategy in a few hours -- a one-time cost of a few hundred dollars, most likely -- not the ongoing, parasitic thousands in fees every year.

And I don't want to say anything bad about friends, but I'd hate to think people would recommend these guys to even their enemies.

#29
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