A good financial adviser is like an angel with dollar bills for wings, whispering sweetly into your ear, “No, you can’t buy that thing because your future self deserves better'
Photo-Illustration: by The Cut; Photos: Getty Images Have you ever looked at your bank account and thought, There’s so much money in here, I don’t know what to do with it? Me neither. But if you have, it’s probably time to find a financial adviser. And if not, it still helps to be aware of what a financial adviser can do for you and when it’s worth hiring one down the road.
To start, it’s worth examining whether you need to hire a financial adviser in the first place, and if so, what you want them to do for you. Here are the steps to make this process more straightforward.Most people technically don’t need a financial adviser. That’s because the financial milestones they’re working toward are simple enough for them to pursue on their own — for free.
“A lot of people aren’t sure when they should work with an adviser, so they put it off, and it causes stress because there are a lot of unknowns,” says Pari Hashemi Magura, a certified financial planner at Wells Fargo. Alternatively, they might think that their finances have to be in better shape before they can seek help. But there are lots of decent advisers who will sit down with you for an hour or two, for a one-time fee, and help you with whatever you need.
Other ways to suss out whether an adviser is for you: You can look on their company website and see where they donate . You can look at the diversity of their staff. You can also prepare a question or two that will reveal potential blind spots or red flags. “If you come from a community that has encountered systemic barriers to building intergenerational wealth, ask a question that helps you understand whether they understand that,” says Hussey.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Police Seek Public Help to Find Man Who Sexually Assaulted WomanPolice Tuesday sought the public’s help to find a man who sexually assaulted a woman in the Baldwin Hills-Crenshaw area.
Leer más »
Scientists Find That the Effects of COVID-19 Infection Can Remain for at Least 1 YearEven after one year, the effects of COVID-19 contamination on the thyroid gland are still present. According to a recent study by Dr. Ilaria Muller and colleagues at the University of Milan in Italy, severe COVID-19 disease impacts thyroid function via a variety of mechanisms. The researchers track
Leer más »
46 people found dead were trying to find a better life, city officials sayIt is still unknown how long the people, believed to be migrants, were trapped in the truck on the side of the road.
Leer más »
Trackdown: Help find Willie Najera's killerDallas police say a verbal argument at a Dallas Dave & Busters quickly turned into a physical one. That's when shots were fired and a father of two was killed. Police need your help to find the person of interest who walked away after the shooting.
Leer más »
TikTok Helped Jenna Raine Find Her VoiceOn her latest single, “Not Again,” 18-year-old Jenna Raine confidently kisses off an ex who comes around after she finds her own happiness.
Leer más »