"Fee-Only" is Your Friend
- Unlike financial advisors that work on a fee-base or commission-base
service, "Fee Only" based advisors are the only ones legal obligated
to act in your best interest. The trick to this is to ask around
where one might find these people and then ask if anyone has used them
and would recommend them. Since most of us have little knowledge
of investing when we first approach it, having someone who is obligated
to act on our behalf is always a bonus and a very wise choice.
If you cannot find one, ask your bank or call a financial organization.