Guys-

Can anyone recommend an Retirement advisor they are currently using or have a recommendation. I'm about 4 years away with a substantial 401k managed by myself.

I seek a fee based advisor only someone to oversee my portfolio and retirement planning a few times a year.

Chicago north suburbs and S. wisconsin location.

Thanks

 

If you have amassed a sizable 401k, I don’t think an advisor would suite you as you’ve made it work thus far.

 

Hi there,

I just happen to come across this post regarding a financial advisor and I truly believe it is worthy of consideration to hire someone.

As a major airline guy, I've been utilizing a company by the name of Smith Anglin for over 2 years now. I can't say enough great things about this company. I called them based on a recommendation from the fellow pilot who had great things to say about them and they actually traveled to Florida, came to my home and spent two and a half hours with my wife and I.

Over the last couple years I've seen some great returns more so than had I done my own investing, and more importantly as fiduciaries they have my best interest in mind. They keep an eye on my portfolio every minute of the day so they maximize my returns and minimize any potential losses.

They've been in business a long time. Give them a call and see what happens. The point of contact for this company is a gentleman by the name of Weston Pollock. 2146162664

You will like them.

Ben

 

I tend to agree with fourpaw in that if you’ve done well for yourself, why pay a hefty advisor fee for no reason. Check out the guys at EZTracker401k. They have company specific 401k newsletters and an ETF one too if you roll your 401k into a brokerage IRA. For just a few bucks a month they have helped me stay on track with my money. Good luck

 

Retirement planning firm started by a guy that flies for a regional and has years of experience as a CFP. www.cavuretirement.com

 

Spend an hour a night reading decent financial books for a few weeks in your hotel room and you can handle it yourself far better than the vast majority of investment firms. Hiring an investment advisor means that the investment return you would otherwise be getting is going to be decreased on the average by between 20 and 25% of what you would have otherwise made if you had just put it all in an index 500 fund at Vanguard and just let it ride.

 

That works well during your younger years while accumulating. A basic asset allocation model, fill it with index funds/ETFs. Done.

However it starts getting more complicated as retirement nears. Mitigating sequence of returns risk and longevity risk are not simple things for an individual retail investor to manage.

 

Not really. Anyone who can't manage the retirement funds they were smart enough to accumulate without the additional overhead of a financial advisor certainly can't manage it WITH the additional overhead.

 

OK, so let me ask you a question. Given a 65 year old with 1.5 million in retirement savings. How should he mitigate sequence of returns risk?

 

I highly recommend this guy... he doesn't just do your investments for you, he teaches you what he does so that you can understand how your money is being handled, and why:



https://www.paulwinkler.com