I’ve been looking for a financial advisor for a long time because I am picky – you can’t be associated with a large chain or bank and you need to charge fees not use commission for compensation. To me, it is a conflict of interest to make commissions from buying and selling and selling your own company’s products. How do I know you are giving me the best advice or just making more money for your self and company? I’m not saying that non-fee based financial advisors are self-interested, I just think that a payment scheme that is based on anything other than maintaining my capital and growing it can lead to difficult situations in the future.
And I found one – one that doesn’t usually look at people who are as small as we are asset wise. But really, the fact that our equity from our house is untouched after 2 years of under- and un-employment is excellent. I am pleased with our progress and hope now that we are working to build a plan, we will start to grow again.
March 5, 2013 Extra-Ordinary: I’m getting “people” again – love it.