Financial Frame

How do I choose a financial advisor?

I will soon be getting a fairly large inheritence from the death of a relative. I'm in my mid twenties, still have two years of college left, so I'll need to get a financial advisor but I've heard of a lot of advisors ripping people off or not working for their best interest. How do I choose a reliable one?

Public Comments

1. Make yourself into one. That is the best advisor you will ever get. Take and put the money into liquid funds at Schwab or Fidelity. Then invest it as you learn how. Small amounts at a time. Liquid funds at these brokerages pay 4.92 Yield on money market (5.03 APY) and on Yield Plus the yield on that is 5.68% and an APY of 5.88 Dont let the banks or the Merril Lynch's steal from you.
2. Give me a call, my name is Kevin Reed, I work with JPMorgan Chase. I would love to help you out. We have a complete array of financial products to assist our customers with of their needs. 606 273 9040