Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Hi Fellow Fools.

I'm a foolish investor with a portfolio that's basically half in well diversified Vanguard index funds and half in stocks bought with a fool's perspective (buy and hold great businesses with great leaders). I've been comfortable with this approach and managing my money without further assistance. Now, a very large (by my standards) inheritance is coming my way. Do I stay the foolish course and just keep doing what I've been doing? Do I hire a financial advisor? I'm really leaning toward an advisor but I'm having a tough time finding a recommendation for someone who operates from a fee-only model. I've never discussed this with friends before and have learned that everybody I know is using someone who works in the % model. That's out of the question for me. So, thoughts about how to handle this large influx of money and how to find an advisor. Advisor recommendations would be welcome as well, if that's permitted on these boards.

Thanks in advance!
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.