No Performance Report From Your Advisor?
Performance Reports: Many of my newest clients have never received detailed performance reports from their previous advisors?
I have no idea why. This should be standard practice by all financial advisors.
Ideally, you should benchmark your progress vs your Retirement Plan that they have help you build.
No Retirement Plan? Planning is the most valuable benefit to working with an advisor.
Still, performance reporting is the absolute minimum performance reporting an advisor should provide.
You deserve nothing less. And, for the fees you are paying, you likely deserve much, much more.
Like a Retirement Income plan. You can learn about Retirement Income Planning by reading this post.
You can download a sample performance report below.
Please Note: Speak to your tax, legal or financial advisor for specific advice about your particular plans and situation.
A Personal CFO for Your Retirement
It’s understandable that people are confused on how they benefit from working with a financial advisor. Some advisors pick stocks or mutual funds. Others sell products like annuities or insurance. Some advisors do much, much more. I work as my client’s...
How To Work With John
I specialize in retirement, and I work with clients as they prepare for, transition into, and enjoy their retirement. There are many ways to work with a financial advisor and to prepare for your retirement, so I wanted to explain the specific services I provide and...
Make no assumptions. Instead “Think Again”.
During a never ending flow of outsized opinions...where opinion is news and the news is opinion, “Make no assumptions” may be the timeliest advice of all. Political beliefs. Life choices. Retirement financial decisions. For this reason a conversation...