Questions tagged [financial-advisor]

For questions related to evaluating, choosing, and understanding a financial adviser. However, specific service recommendations are off-topic.

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1answer
97 views

How to get the basic financial literacy about money, banks, etc [closed]

I am just under 18 and I want to become rich but I do not know much about money. Being from a developing country, I don't know how banks and other financial institutions actually work, and what are ...
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15 views

Distinction between ROCE formulas

I am interested in the distinction in the following formulas for ROCE. The first one is from Financial Management for the academy profession program by L. Hansen, T.R. Jensen, and M. Dalboge. But ...
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1answer
135 views

Equitable: financial advice out of blue

I was approached out of the blue by a financial advisor from Equitable. He told me that the people from the company referred me and that they provide free financial advice and services because they ...
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2answers
221 views

Help needed to deal with personal financial condition [closed]

Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial ...
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0answers
25 views

Financial Plan: Monthly changing MRR

Not sure if this is the correct subforum of StackOverflow, but let's give it a try. I'm currently creating a financial model for a startup, and the monthly recuring revenue per customer changes ...
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2answers
142 views

Is there a place where I can see the performance over different years of Motley Fool's Stock Advisor?

I am considering subscribing to the Motley Fool Stock Advisor. All the reviews on them underline how rich one would be today had one followed their advice in 2002. That's impressive but not very ...
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1answer
60 views

Finding an independant mortgage consultant

I would like to find someone who is knowledgeable about the mortgage industry and regulations has no incentive to try to sell me a mortgage Most mortgage brokers are ruled out by the second point ...
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1answer
53 views

The term “debt financed” as a source of payment for doing the Acquisition, is it?

I have a question for word phrase "debt financed" in Acquisitions but for my best understanding, I would like to ask a question on random example: Let's say we have three companies: CompanyA,...
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12answers
9k views

How can I break the cycle of taking on more debt to pay the rates for debt I already have?

I'm 30, married, and have a 1.5-year-old daughter. My monthly on-hand income is 71,000 ₹ (INR). These are my monthly expenses: Home loan: 18,428 (Loan amount: 18,50,000. Number of EMI pending: 150. ...
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2answers
420 views

I just sold my house and now have 200k+ in the bank. Should I invest it all in an ETF?

I just sold my house and now have 200k+ in the bank. I don't want the stress of owning a property right now, but I know it would be a bad idea to just let this sit in my bank account while inflation ...
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2answers
45 views

the impact of drop in oil prices financial markets performance and prospects? [closed]

Supporting that there is a correlation between oil prices and stock market. What could be the implications of low oil prices on the financial markets performance and prospects?
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2answers
142 views

Is there any problem in having 0 cash in your brokerage account?

Let's say that you have a brokerage account with $10000 and you want to invest that money in some financial product. Is there any problem in investing the whole $10000? I mean, is the ongoing charge (...
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1answer
106 views

How much does a financial advisor charge in NRW, Germany?

I am 24 yrs old, software engineer working in Germany. I was able to save major chunk of my earnings and i am interested in investing the savings. I am interested in Real estate along with certain ETF'...
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2answers
2k views

35 years old and I inherited 200k. What should I do?

I’m 35 years old with no children. My grandmother left me $200k and I’m not sure what are the best steps to take. Do I stay with my bank? Should I get an accountant or financial advisor? I want to ...
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1answer
1k views

Mortgage brokers - should I expect to get a better deal than I can find myself?

Since I am currently looking into potentially buying my first house, when asked by an estate agent (with whom I had just viewed a house) whether I would be interested in talking to their mortgage ...
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6answers
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Is Saikyo Sakura Assets Holding a legit company?

Today I got a cold call from an alleged representative of Saikyo Sakura Assets offering me a trading opportunity. At first I was very skeptical as this raised several red flags, but I am also ...
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1answer
114 views

Liability for poor investment advice?

[Country is South Africa but I am also interested in this in the context of the U.S. / Europe] A good friend of mine has trusted a wealth manager with her sizeable portfolio for the last 6 years. Her ...
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2answers
154 views

Social security credits. Receive 40th credit in February

I’m 70 now and have 35 credits. My son is going to pay me $5500 from his business this month which I will pay into social security and receive 4 credits for 2019, giving me 39. In January of 2020 ...
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1answer
56 views

How to make strategy for diversification between real estate and stocks?

I am living in tier 2 city in India and my father have all investments in real estate in my city. He had brought land earlier(20-25 years ago) when the prices were pretty low. It has given so much ...
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1answer
246 views

How can I be sure if my grandfather's money is safe?

Years ago, my grandfather sold an old apartment and opened an investment account with a financial advisor he knew from his neighbourhood. The financial advisor works with a broker and my grandfather ...
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60 views

Global FPSB not to renew its licensing agreement with FPSB India what does it mean for the current & future CFP aspirants

Global FPSB has decided not to renew its licensing agreement with FPSB India. Reference link The agreement between FPSB and FPSB India expires on March 31, 2020. I plan to become a Registered ...
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0answers
75 views

Canadian nomad, USD earnings - how to invest/preserve currency

I'm a Canadian tax resident who moves around a lot. Exchanging currency stresses me out so much if I think about it that I basically have just decided to accept volatility. I work online, and am paid ...
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2answers
1k views

Does Motley Fool offer investment management services?

Does Motley fool do any investing on someone's behalf based on their recommendations? Can investing be done by someone on their website based on their recommendations?
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3answers
345 views

Financial advice needed, my new used car needs a new engine

I bought my car in January 2018, financed $10,300. Today I took it in for an oil change and mysterious ticking; the dealership called and said the ticking was an engine problem. The car is not safe to ...
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0answers
196 views

What were quarterly values of the MSCI “WMA Private Investor Income Index” (TR) for the last 5-6 years?

In the UK, the WMA indices are quite popular with "wealth management" types for benchmarking performance of clients' multi-asset portfolios. I'm interested in finding the historic values of the WMA ...
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2answers
99 views

what is the value of hiring a financial consultant?

Several postings on this forum and many other online resources seem to indicate that there may be some value in hiring a financial consultant to help manage our personal finances, with the intent that ...
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1answer
151 views

Bank is not depositing my new account promotion bonus [closed]

I opened a bank account in response to a promotion in a big bank. Originally it was saying if I keep my money (50K) for 60 days, I get $600. The agent at the branch didn't say anything more. Then they ...
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3answers
440 views

Long Term Stock Investment and Compounding

I have a query that's been bugging me. I have been investing in the UK stock market + funds for around a year now. Current Investments - Retirement Fund - FTSE index Fund - Managed Accumulation ...
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1answer
115 views

Best financial model to proportionally distribute the company's income to all employees? [closed]

I plan to start a project of something "innovative". And among some of the parts of the project that I'm thinking about, it's in the term of how money (profits) should be distributed. The truth is, I ...
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0answers
51 views

Advice for finding a qualified accountant for grad student & real estate tax and financial planning

I'm a bit worried about getting bad tax advice this year for a number of reasons. I just started a PhD program this fall, which meant a number of big changes for me: I had to sell my house and move ...
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1answer
997 views

Meaning of “rat race” in the book of Rich Dad Poor Dad? [closed]

I want know what exactly rat race is and why most of the people fall into that trap?
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1answer
334 views

Insurance Producers and Church Tithe

Getting ready to sit for my examinations and these questions popped into my head. Curious about the nuances of illegal inducement in these circumstances. I know there are issues with gifts greater ...
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3answers
164 views

Considering leverage [closed]

I started investing two years ago. Currently my situation is as follows: I earn 1700 € per month and manage to save 1200. To be Conservative and as rents are going up in my country, we can assume ...
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8answers
6k views

Fee-only financial advice vs. asset management (which includes advice)?

My wife and I are looking for a financial advisor. I am 52 and she is 48. We have a million plus in assets, with most of that in 401k... about 500,000 in a brokerage account. We have found a ...
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4answers
490 views

Should I get a financial advisor?

I am 21 years old and graduated from college and I obtained a decent job. I have read a lot about managing money, and I believe I could manage my own money by myself. I am interested in maybe going a ...
2
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1answer
179 views

Signing house over to next of kin

A friend has been considering signing her house off to her children (48 and 47 years old) but believes that there is an age limit which she has passed, supposedly 60 and she is now 70. Is this a real ...
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0answers
174 views

How to regain credit after two car voluntary repossesion, five credit cards amount to 10K?

What are the necessary steps to get back on the road to fixing a credit after not paying 10K worth of credit cards (behind 6 payments for 6 months) and two car voluntary repossession? This is after a ...
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1answer
155 views

Securities sold without either your or your financial advisor's permission

In the United States, if one of your securities gets sold off that you didn't want sold off, and your financial advisor says he's not the one who did it, but it was in fact one of his underlings, is ...
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4answers
4k views

How to be sure my advisor's insurance recommendations are good for me?

Recently, I've been in contact with my financial advisor who has been talking me through a few risk management strategies, as well as other short- and long-term financial goals for retirement, kid's ...
4
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3answers
721 views

How do Financial advisors ( Wealth Management) make their commission?

My 401K is tied up through my Employer and through their financial institution. So your options are to buy what they are offering. Either I understood or not, i take what they are recommending. I ...
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5answers
889 views

$10,000 minimum fee for a financial advisor?

My wife & I have company pension plans which together have about 1 million in savings (thanks stock market). Since we're close to 60 years of age, retirement is approaching, and while we haven't ...
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0answers
127 views

How can I make sure my financial advisor has a good track of success?

I will be exiting my main business real soon and projecting that in 2 years time I will also exit my other businesses or at least sell them at whatever someone is willing to pay. This will net me ...
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4answers
5k views

What are reasonable fees for financial advice?

I'm currently looking for a fee-only financial advisor. About 15 years ago I met with someone who prepared a simple financial plan over a few hours; this cost me $300 and was among the best choices I ...
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4answers
9k views

What are the benefits and disadvantages of investing $60-70K in the following methods?

I have $60-70K that I'm planning on investing in stocks/ETFs/funds. What are some of the advantages and disadvantages of investing this amount of money with a human financial advisor vs an automated "...
5
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1answer
428 views

Have my parents been bilked? If so, what to do?

My almost 66-year-old dad, who retired a year ago, asked me for some financial advice today. He and my mom invested in two IRAs with a financial advisor just shy of 20 years ago. This is a custodial ...
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2answers
116 views

Are institutions like UBS limited in what they can buy, does that put the investor at a disadvantage?

I try to help with the finances of family members to make sure they are making wise decisions. I have a family member that is invested with UBS, and they have a financial advisor there that they have ...
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1answer
3k views

Want to buy a car but have not enough money [closed]

I'm still at a very early stage of my professional career and my salary is still very low. I work in the IT field. I have a dream of buying my own car. The current price of my desired car is 200 times ...
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3answers
345 views

Should I trust my banker to invest?

Let's assume I've no knowledge or skill in investing and that I've a 19 year old French student. Also, I earn 750€ per month, until I'm 21 when I will earn 950€. These are after-tax numbers. My ...
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1answer
509 views

How to hire a professional for managing $5 million and above?

I need to hire a professional for managing an investment of $5 million and above. The goal of the investment is growth and wealth protection. I would like to hire a professional that I can fully ...
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2answers
564 views

Is it legal to charge others a fee if I handle their money for them unlicensed?

Let's say that a friend or two wants to give me x amount of dollars and asks me to invest in things. I charge them a fee or percentage even though I have no license to be a financial advisor or ...