How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

What's a good percentage (they're offering 2% as a fee)

Posting as :
works at
You are currently posting as works at

What services are they providing you? If they are just investing for for you that is a high rate, and you would also want to see the fees on the products they are purchasing. For someone to manage your investments you are better off with a robo advisor.

If you are looking for Financial Planning you should look for a fee only advisor.

Make sure anyone you work with is a Fiduciary, and ask them directly.


Related Posts


I'm looking for a round rose gold automatic watch with leather band, in the ~$5K range or under. What are some brands I should look for that?


How's the leave policy in Pwc AC Bangalore? I joined here recently and I'm not sure on what basis the leaves are added. In my previous organisation for every month it automatically adds 15 hours (1.5 days) of leave every month and the maximum leaves eligible was 30 days. And I got 7 days sick leave on top of that from every September. So could someone let me know how it works in @pwc ac Bangalore?


Hi all—I’m working on a training curriculum at my employer. Has anyone used Rise software & if so any input as to how it’s worked/not worked?


Looking for a commission only (1099) sales position.

What’s out there?


Kellogg MMM (no $) or Fuqua ($$)?


Hi all, has anyone in supply chain taken one of the certification exams? (CPSM, CPSD, CSCP)
Does it help in any way besides refreshing contents about supply chain? I was thinking might be a good way to strengthen my resume (most of my career in investment analysis) but not really sure if it really brings that much value. Any insights appreciated. #supplychain #cpsm #cpsd #cscp #education #certifications


Just made Global services! Any perks to take advantage of?


Can someone give me some virtual love. It’s been ages since someone called me boo boo or a cute name 😭


BHVN looking good this past week. Wonder if they will get bought out.


It seems that we always want those that don’t want us and we don’t want those that want us.

Irony right?


Hi, Anyone accepted retention offer from Accenture Accenture India


What is the best way to ask clients for relevant email correspondence when credibility is at issue? I feel like most clients have no idea what is “relevant” and often fail to disclose important emails to their lawyers. Are there firms that ask for the email password and have support staff go through all correspondence with a fine tooth comb?


Am starting at my first job with a billable target soon. How does the target work when you join partway through the year?


I’m a second year tax associate about to be promoted to senior associate. I know my office is looking to hire outside seniors. Does anyone know what the normal outside hire pay for a senior would be? Would like to be paid fairly/market without having to jump :/


Score releasing this Friday, is it expected that we will get to check the score the night before?


Hello Fishes, is it common for wipro to extend the doj. Somone i came across his doj was changed from august to october.


Additional Posts in Personal Finance Bowl

Newly minted consultant here looking for financial advice.

So I just moved to consulting after B school, and It's more money than I've made my entire life. After paying for rent and living expenses, I have 6000$ left over every month. My student loan payments are about 1200/month at 7% interest. I still owe another 95K on my loan. I have the option to pay more every month and reduce my overall interest paid.
Currently I put about 3000 towards my loan and 3000 towards my savings. Cont'd...


what can I invest in using my ROTH IRA?


accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?


Recommendations for a good auto lender in NJ area? Looking to buy/lease a car


Does anyone have experience with long term tax law? In 2019, I “timed out” in a state that wasn’t my home address state and I’m still dealing with the repercussions


Confession: Im 26 and just saved a little over $5000 and it’s the most I’ve saved so far. Feeling a little happy inside that im making some traction with my savings!


Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

Does anyone have any DIY investment websites to recommend?

Has anyone done Dave Ramsey’s 7 baby steps for getting out of debt? I am about $50k in debt, most of that being student loans, and I would like to pay it off in 3 years.


Hi - AMEX sign up bonus is higher than ever. DM me if you would like a referral link, I’ll split my bonus with you as well :)

Google stock to buy now or after the split?


Is it worth it to pay for YouTube Premium?

I decided to close down 3 of my oldest credit cards. Had them when I was 18 so they were almost 20 years old. Used them to build credit but got myself into a lot of cc debt instead. Lol

it’s been over 2 months and I was wondering if my credit score will take a hit later?

They were paid off 100% before I closed them, I have a good mix of other credit line, I have 0-1% credit usage, and a debit to income ratio of 26%


Is Affirm to finance a purchase a bad idea if it’s 0% APR and interest? I don’t understand how they make money. If it’s truly free, I’d do it to offset opportunity cost of ROI


M24 TC 80k
No debt
Net worth 130k
~55k mixed between Roth 401k and Roth IRA
~47k personal trading account
~25k in crypto
~1k emergency fund
~3k cash

How am I doing and what can I be doing better? Any recommendations are very much appreciated.

Debating between a few travel cards and need some opinions. Debating between Capital One Venture, Venture X and Amex Green card.

Live in a non major city with an international airport, but need to be flexible to different airlines. Which of those cards, or other cards out there, would be best

Anyone ever use a credit repair service and have success?

I have about $40K of debt (one loan, and a few credit cards). My approach is to

1. Not spend anymore on cards.
2. Pay it down starting with the smallest
balances first and then moving up from there.

Any advice on trying consolidate it into one loan? Thanks.

Currently 25 years old.
* Own a home in a HCOL
* 2 kids (eventually)
* Retire at 50 on $125k/year.

Envelope math:
* $125k/year would require an investment portfolio of ~$3M.
* Targeting a $2M home (split with partner)
* 2 kids - $1M to raise both (including college fund, split with partner)
* $500K buffer for unexpected expenses
* 33% tax

Therefore, 6.5-7M retirement savings needed. To hit this (assuming 6% return after inflation), I’d need to save ~$110k/year.

How does this sound?


Any suggestions for good youtube channels on personal finance NOT focused on the following: 1. Real estate investing, 2. Building passive income (via t shirt business, vlogs, social media, etc.), or 3. Debt pay down


New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here


Embed this post

Copy and paste embed code on your site


Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone


Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or