Ask Stacy: Should I Use a Full Service Investment Adviser?

Financial Adviser
Photo by Mike Focus / Shutterstock.com

Welcome to “Ask Stacy,” a new video feature on Money Talks News. Most weekdays, I’ll answer a money question sent in by a reader or viewer. (Learn how to send in a question of your own below.)

Today’s question is about whether you should pay for investment advice — and if so, how and how much you should pay. I spent 10 years as a Wall Street investment adviser, so this one is right be up my alley.

Here’s what I think.

If you’d like additional information, we’ve got tons. Start with “How to Choose the Perfect Financial Adviser.”

Got a question you’d like answered?

You can ask a question simply by hitting “reply” to our email newsletter, just as you would any email in your inbox. If you’re not subscribed, fix that right now by clicking here. It’s free, only takes a few seconds, and will get you valuable information every day!

The questions I’m likeliest to answer are those that will interest other readers. In other words, don’t ask for super-specific advice that applies only to you. And if I don’t get to your question, promise not to hate me. I do my best, but I get a lot more questions than I have time to answer.

About me

I founded Money Talks News in 1991. I’m a CPA, and have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Got any words of wisdom you can offer on this week’s question? Share your knowledge and experiences on our Facebook page. And if you find the information useful, please share it!

Got more money questions? Browse lots more Ask Stacy answers here.

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

10 U.S. Jobs That Are Disappearing Fastest
10 U.S. Jobs That Are Disappearing Fastest

Think twice before pursuing these shrinking occupations.

7 Reasons You Should Not Move for Retirement
7 Reasons You Should Not Move for Retirement

Sunny skies and warm breezes sound great. But in reality, you might be better off retiring closer to home. Here’s why.

It’s Worth Paying Extra for These 14 Items
It’s Worth Paying Extra for These 14 Items

Here’s where to find the sweet spot at the intersection of price and quality.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.