Originally Posted by
trip
So true. When I was younger I had a "money guy" who talked me into managed brokerage acct. Well after several years he made me about 300$ on 30K , what a waste of money. I took my money back and opened up a Vanguard, put a couple kids through college.
Your financial adviser should not be your broker, and should not be in the broker biz. If you're a hammer, everything naturally looks a lot like a nail.
Pay for an independent CFP. They'll help you with taxes, estate, insurance, etc, etc and it will all be coordinated so you're maximizing all available legal opportunities (loopholes).