Hiring a financial advisor is like hiring a long-term behavioral life coach, says Brent Ford, owner of Benefit Wealth Partners. He says when investors choose an advisor, the investor needs to make sure the profit motive of the advisor aligns with the client’s investment focus. He says investors need to ask about the kind of relationship they expect to have. Will it be one of offering thoughtful guidance over the long-term or just simply transactional? The objective at his firm to make sure the values of both parties work well together to ensure a successful, long-term relationship.
For more Right on the Money: click here.
To learn more about Brent Ford, visit his website.
Investment Advisory Services offered through Retirement Wealth Advisors Inc. (RWA) a Registered Investment Advisor. Benefit Wealth Partners and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
This information is designed to provide general information on the subjects covered, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Benefit Wealth Partners and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.
Licensed Insurance Professional. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any references to protection benefits or lifetime income generally refer to fixed insurance products. They do not refer, in any way to securities or investment advisory products or services. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Retirement Wealth Advisors Inc. 20377 – 2020/8/28