4 Steps To Avoid Being Ripped Off By A Financial Advisor in Michigan

Over the weekend an unfortunate story came out about a couple that was “bamboozled” by a financial advisor.  An excerpt From Reddit:   SO a week or two goes by. And I see a ~$30 charge go through for “disability insurance”. WHICH I TOLD HER I DIDN’T WANT!! And I just realize… this doesn’t feel good. It doesn’t seem right. She’s not listening to what … Continue reading 4 Steps To Avoid Being Ripped Off By A Financial Advisor in Michigan

It’s The Fees That You Don’t See That Should Scare You

One of the first questions that I get from most prospective clients is, “What are your fees?”  In a world in which you can get the fees, and reviews, for just about every product imaginable on Amazon, financial advisors still work in a world of secrecy.  Try going to a financial advisor’s website, assuming they even have one, and try to find what services the … Continue reading It’s The Fees That You Don’t See That Should Scare You

How To Use BrokerCheck Before Hiring a Financial Advisor

I’ve written before about the 6 questions  you must ask any prospective financial advisor, but asking questions is just not enough. Most people now will research a restaurant online before going to dinner. Shouldn’t you at least do the same due diligence on a potential financial advisor? Thankfully, there is a great website devoted to providing additional information on prospective financial advisors and brokers, called … Continue reading How To Use BrokerCheck Before Hiring a Financial Advisor