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No point theyre just salesmen. Index. Keep your own money.
Fee structure. How much Assets Under Management will you transfer to them?
Seems like they will charge % of 401K and investment assets. Pretty challenging to find holistic planners who are not incentivized by selling specific products
Use target vehicles- 529 for education, Retirement 401k . Advisors are of not much use. You can pose anonymous question at boglehead.com for free expert opinion
Yes. But mine merely works to maintain and grow slightly faster than market. My personal fund management out performs my planner. There are honest people in this profession but hard to find. Stay away from banks that double dip. Ie make the fund, sell it, and charge you twice.
@sc1 you should do some research. Time and Time again research shows returns provided by active managers are no better than index. That means your returns are actually worse.