Looking for a financial advisor…
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I’m in my late 30s & recently found out I have a torn meniscus. I’ll be working from home for about a month while I recover from surgery. I mentioned it to one client, & his response was, “Wow,I guess my FA is getting old!” 😂 If you’re going to be working remotely for a few weeks but are fully available, do you tell clients you’re recovering from surgery, or do you simply say you’ll be working from home? How much personal information do you think is appropriate to share w/ clients?
How are you guys filtering out the fake job listings? I’ve applied to 20 different recruiter postings this month that look absolutely perfect, only to find out the roles don't actually exist. It turns out a lot of these agencies are just farming resumes to pad their databases and look active while hiring freezes are taking effect. It’s incredibly exhausting to tailor your resume and write cover letters for phantom positions that will never be filled.
Ask yourself the following question about FAs. If financial advisors are good at financial decisions, good at financial guidance, good at investing: why are they doing talking to you for a living, why aren't they rich?
Ubs1 after six years of derivatives in CS I know the FAs are scammers.
They aren't worth a shi*e. Post a query here would be a wise thing. What do you prefer? Property? Passive? Active? Precious metals?
Using an fa is paying someone else for discipline that most individuals lack
FA1 is right Meta - most people talk about staying all cash, or FOMOing into meme stocks, which ends up losing them money. That’s the benefit of a FA - a steady hand adhering to sound principles. That said, just like there are great real estate agents in a sea of bad ones, or good recruiters in a sea of bad ones, the same applies to Financial advisors.
Have you ever heard of the idiom... those who can do, those who can't, teach. FAs are fake teachers because they don't know jack. I learned this the hard way.
Hey OP, former advisor here. What are you looking for in an advisor? This is a big question as everyone does things a bit different. What is your "why?"