99% of Americans don't use a financial advisor — here's why investinyou (In partnership with acorns.)
"They think it's specifically about managing money and not about receiving financial advice and financial planning," said Boneparth, who specializes in financial planning for millennials and authored the book "The Millennial Money Fix."
He called it an inflection point — when you may have taken on things like marriage, children and buying a home and find yourself with less time and energy to deal with handling your money and investments. Experience also matters. You'll want someone who has been in the industry at least through one recession, she advises.
Investment advisors, who are overseen by the SEC and state securities agencies, manage portfolios and provide investment advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
HuffPost is now a part of Verizon Media
Weiterlesen »
I tried the '30-Day Money Cleanse'. Here's what I learned about my spending.After a summer of financial excess, Emily Pandise felt she needed a money detox to rein in her spending. Here's what happened.
Weiterlesen »
How retailers like CVS and Walmart could disrupt health systems - Business InsiderRetailers like Walmart and CVS are pushing deep into healthcare, betting they can offer more convenient care. That could impact health systems.
Weiterlesen »
How America's capitalist system is 'broken,' according to billionaire financier Ray DalioThere are several problems with capitalism, including an overzealous lending market, a growing mountain of government debt, and a widening divide between the rich and poor that’s becoming tenser, Ray Dalio says. (via CNBCMakeIt)
Weiterlesen »
NFL Rumors: Here’s Why Antonio Brown Just Now Is Getting Meeting With LeagueAllegations of sexual misconduct against Antonio Brown have been public for about two months now, so why is Brown just now getting a chance to speak to the NFL? The New England Patriots cut Antonio…
Weiterlesen »
https://people.comGet the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com.
Weiterlesen »