which 529 plan is right

Do I Need a Financial Advisor?

To read financial advice magazines and websites, you might think that anyone who uses a financial advisor is either dumb, or very rich. These money publications all say that with a little research and education, everyone should be able to do all financial planning and investing themselves to achieve financial …

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wealthfront reviews

Wealthfront Review: Safe, Scam, or Legit?

I keep getting questions about the pros and cons of Wealthfront, probably because they are advertising pretty heavily on Facebook and other platforms. So, it’s time for a Wealthfront review. The most important thing is to make sure Wealthfront is legit. It is SIPC insured (that’s like FDIC insurance for …

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What Is Fiduciary Responsibility?

Fiduciary responsibility, sometimes referenced as fiduciary duty, is the best term in finance, with the possible exception of fungible. So, what is fiduciary responsibility, and do you need someone with a fiduciary duty to help with your finances? Fiduciary is a fancy word for the concept of doing what is …

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financial planner helpful

Who Needs a Financial Planner?

Ask any financial advisor, and they’ll tell you that everyone (with money, at least) needs a financial planner or advisor. Ask any do it yourself financial planning type and they’ll tell you that no one need a financial advisor or planner. The answer, of course, is much more complicated than …

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Do You Need a Financial Planner or Financial Advisor?

On the Finance Gourmet website, the first part of our latest article has been posted. It covers that tough topic of whether or not you need a financial advisor or financial planner. It is unbiased, and subsequent sections will give you all the details you never got so you won’t have to ask the question again.

Want the one question quiz?

1) What are you doing right now to protect your retirement portfolio from the coming recession, and what did you do last time to protect if from the falling housing market and the sub-prime mortgage crisis?

Write it down. Seriously. You are only cheating yourself if you don’t. Writing it down will help you make a fair analysis.

The answer on the next page will let you know if you need a financial advisor or financial planner.

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