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Parking_Goal_3301 t1_iuepgix wrote

Reply to comment by massalk in Do I need to find a new financial advisor? by massalk

There is absolutely no way I’d be paying someone a percentage for advice like this.

Only flat fee (for example, $600 to create a plan) and a guarantee that they are a fiduciary, meaning they only are working to my benefit not anyone else’s.

A lot of these people get paid twice. By you and then via commission if you buy the product they recommend

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massalk OP t1_iueq0mj wrote

Gotcha. Well, she already invested a good chunk of my money with TD Ameritrade doing like ETFs and stuff. Soooo I wonder if it would be worth it right now stopping my agreement with her and going with someone else. I've already told her not right now for the whole life insurance and she was fine with that.

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Parking_Goal_3301 t1_iueqsw1 wrote

I wouldn’t continue with her. You can buy ETFs very easily on your own.

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massalk OP t1_iueq1tk wrote

Gotcha. Well, she already invested a good chunk of my money with TD Ameritrade doing like ETFs and stuff. Soooo I wonder if it would be worth it right now stopping my agreement with her and going with someone else. I've already told her not right now for the whole life insurance and she was fine with that.

1