What to Ask Before You Invest

Q: My current broker is retiring, how do I make sure the transition to his replacement goes smoothly?                           

A: Interview this new broker "candidate" as if you are hiring a new broker. Ask him specific questions, such as "How long have you been advising clients, like me?", "What process do you use for selecting my investments?" and "How will I pay you for handling my accounts?"  Don't feel as if these questions are out of place, and make sure his responses are specific to your situation. After all, this is your money and your financial future.

Wile E. Coyote’s Acme Budget & Debt Ceiling Kit

Who would have guessed that the Looney Tunes cartoons of my childhood would be the reality of my financial advisory adulthood? I can’t help imagining all the Wile E. Coyotes of Washington DC chasing the illusive fiscal Road Runner. Some will reach for the speedy bird and end up grabbing the third rail of health care (ZAP, sizzle).

Syndicate content

SYNERGOS Financial Services d/b/a OSBORN Wealth Management is a Registered Investment Advisor currently registered in the states of Indiana and Michigan. The firm provides fee-only portfolio management and advisory services, and is not associated with any banks or broker-dealers. For more information, please view our current ADV filing.

Website Design For Financial Services Professionals | Copyright 2019 All rights reserved