Financial advisors help people manage their money and reach their financial goals. They can provide a range of financial planning services, from money management and budgeting guidance to investment management.
Some financial advisors have additional certifications or expertise that allow them to help with complex financial topics, such as estate planning, insurance needs or tax preparation.
Picking the right financial advisor for your situation is key — doing so means you won't end up paying for services you don't need or working with an advisor who isn't a good fit for your financial goals. I know some of our fugral listener believe they can do it theirselves.
Joining us for our discussion on Can You Be Your Best Advisor? is who is calling in from his Bainbridge Island WA home . Paul Merriman is a nationally recognized authority on mutual funds, index investing, asset allocation and both buy-and-hold and active management strategies. Now retired from Merriman, the Seattle-based investment advisory firm he founded in 1983, he is dedicated to educating investors, young and old, through weekly articles at Marketwatch.com, and via complimentary eBooks, podcasts, articles, recommendations for mutual funds, ETFs, 401(k) plans and more, at Paulmerriman.com .
He is the author of "We're Talking Millions! 12 Ways to Supercharge Your Retirement. WELCOME BACK TO MASTERING YOUR MONEY, PAUL MERRIMAN