Comments on: Free Professional Financial Checkup Tomorrow http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/ personal finance that makes cents Mon, 13 Oct 2008 14:10:55 +0000 http://wordpress.org/?v=2.5.1 By: poundwise http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112871 poundwise Sat, 19 Jan 2008 14:32:31 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112871 "If your questions are too complex to be answered on the spot, you may be directed to the NAPFA “Find an Advisor” search to locate a NAPFA-Registered Financial Advisor in your area." Anyone want to lay odds on how many calls are "too complex" and/or get referred? Sounds like a referral service to me. “If your questions are too complex to be answered on the spot, you may be directed to the NAPFA “Find an Advisor” search to locate a NAPFA-Registered Financial Advisor in your area.”

Anyone want to lay odds on how many calls are “too complex” and/or get referred?

Sounds like a referral service to me.

]]> By: From the Park Bench http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112334 From the Park Bench Tue, 15 Jan 2008 20:56:18 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112334 <strong>Free Retirement Planning Advice...</strong> Thank you to the Get Rich Slowly for posting about this. (They are my favorite financial blog and worth reading if for nothing else then the name.) Kiplinger's and and NAPFA, National Association of Professional Financial advisers, are sponsoring two ... Free Retirement Planning Advice…

Thank you to the Get Rich Slowly for posting about this. (They are my favorite financial blog and worth reading if for nothing else then the name.) Kiplinger’s and and NAPFA, National Association of Professional Financial advisers, are sponsoring two …

]]> By: kick_push http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112319 kick_push Tue, 15 Jan 2008 19:07:06 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112319 i want to call.. but i'm not sure what kind of questions to ask i want to call.. but i’m not sure what kind of questions to ask

]]> By: TODAY ONLY- Free Financial Advice | TheJobBored http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112309 TODAY ONLY- Free Financial Advice | TheJobBored Tue, 15 Jan 2008 17:58:31 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112309 [...] got a great today only resource. Via GetRichSlowly, I learned that today is “Jump-Start Your Retirement Plan Day” during which time you can call a [...] [...] got a great today only resource. Via GetRichSlowly, I learned that today is “Jump-Start Your Retirement Plan Day” during which time you can call a [...]

]]> By: Tim http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112187 Tim Mon, 14 Jan 2008 21:49:23 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112187 The Kiplinger financial checkup is a crock of ****. I emailed last time and got a stupid reply stating I could contact one of the NAPFA financial advisers for a fee. I had everything listed in detail in the email and thought they would come up with some basic recommendation like I should update my asset allocation or you are on track to meeting your retirement goal. Instead, I get a solicitation to pay one a NAPFA adviser. The Kiplinger financial checkup is a crock of ****. I emailed last time and got a stupid reply stating I could contact one of the NAPFA financial advisers for a fee. I had everything listed in detail in the email and thought they would come up with some basic recommendation like I should update my asset allocation or you are on track to meeting your retirement goal. Instead, I get a solicitation to pay one a NAPFA adviser.

]]> By: Cheapster Bob http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112185 Cheapster Bob Mon, 14 Jan 2008 21:05:34 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112185 Great info and I think I will give them a ring for the heck of it. I have my 401 set up 59 percent stocks 38 percent foreign and the rest stable value. I have about 30 years of contributions left so probably cannot go wrong with that mix for long term strategy. It never hurts to call though and especially if they are not going to be making any hard pitches. Great info and I think I will give them a ring for the heck of it. I have my 401 set up 59 percent stocks 38 percent foreign and the rest stable value.

I have about 30 years of contributions left so probably cannot go wrong with that mix for long term strategy.

It never hurts to call though and especially if they are not going to be making any hard pitches.

]]> By: Aaron Pinkston http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112179 Aaron Pinkston Mon, 14 Jan 2008 19:26:14 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112179 There is a difference between a "financial adviser" and a "fee-only financial planner". One is paid based on the actions you take and the other receives no compensation other than from the person receiving advice. I recently did a market survey about objectivity in insurance among professions like accountants, lawyers, portfolio managers, and fee-only financial planners. Even if the respondent held themselves out as a "financial planner", if they were not fee-only, their answers fell within a very close standard deviation of portfolio managers (or investment folks). There is a consistent difference in their world view. If you are looking for advice that is free from conflicts of interest, a fee-only financial planner may be your best bet. Oh, I'm a commissioned insurance guy, not a financial planner. There is a difference between a “financial adviser” and a “fee-only financial planner”. One is paid based on the actions you take and the other receives no compensation other than from the person receiving advice.

I recently did a market survey about objectivity in insurance among professions like accountants, lawyers, portfolio managers, and fee-only financial planners. Even if the respondent held themselves out as a “financial planner”, if they were not fee-only, their answers fell within a very close standard deviation of portfolio managers (or investment folks). There is a consistent difference in their world view.

If you are looking for advice that is free from conflicts of interest, a fee-only financial planner may be your best bet.

Oh, I’m a commissioned insurance guy, not a financial planner.

]]> By: Ron http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112177 Ron Mon, 14 Jan 2008 19:08:42 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112177 NAPFA is an organization of fee-only advisors. If you are looking for an advisor, you'll want one of these, because they aren't shilling specific products to pad their commissions. You can trust a recommendation from a fee-only advisor because they are paid for the services directly. NAPFA is an organization of fee-only advisors. If you are looking for an advisor, you’ll want one of these, because they aren’t shilling specific products to pad their commissions. You can trust a recommendation from a fee-only advisor because they are paid for the services directly.

]]> By: Dylan http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112172 Dylan Mon, 14 Jan 2008 18:12:40 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112172 "Adviser" usually refers advisers registered under the Investment Adviser Act of 1940 and is spelled that way by others when referencing the law because that's how it appears in the Act. In this case the adviser is usually an entity like a firm or practice rather than an individual but can refer to an individual in certain cases. "Advisor" usually refers to an individual that gives advice and is much more generic (like financial advisor, or legal advisor). However, I have seen the term, Registered Investment Adviser, spelled with an "or" quite a bit. “Adviser” usually refers advisers registered under the Investment Adviser Act of 1940 and is spelled that way by others when referencing the law because that’s how it appears in the Act. In this case the adviser is usually an entity like a firm or practice rather than an individual but can refer to an individual in certain cases.

“Advisor” usually refers to an individual that gives advice and is much more generic (like financial advisor, or legal advisor). However, I have seen the term, Registered Investment Adviser, spelled with an “or” quite a bit.

]]> By: Jeffeb3 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112158 Jeffeb3 Mon, 14 Jan 2008 16:30:55 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112158 Well, before I posted the question, I searched for advisor, and didn't find the article I linked. After I posted, I searched for adviser, and found J.D.'s guest post, which was helpful. Well, before I posted the question, I searched for advisor, and didn’t find the article I linked. After I posted, I searched for adviser, and found J.D.’s guest post, which was helpful.

]]> By: Peter S. http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112157 Peter S. Mon, 14 Jan 2008 16:28:22 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112157 I believe adviser and advisor are used interchangeably (advisor is generally an alternative spelling for adviser). I would think, however, that one should be consistent in using one or the other in any single document. I believe adviser and advisor are used interchangeably (advisor is generally an alternative spelling for adviser). I would think, however, that one should be consistent in using one or the other in any single document.

]]> By: Ginger http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112156 Ginger Mon, 14 Jan 2008 16:25:37 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112156 Awesome!!! Hopefully they can answer some questions I have as well.. Awesome!!!

Hopefully they can answer some questions I have as well..

]]> By: J.D. http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112154 J.D. Mon, 14 Jan 2008 16:17:44 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112154 I don't know if it's adviser or advisor. All of the information from both Kiplinger's and NAPFA seems to use them interchangeably. In fact, in one of the press releases, <i>both</i> versions are used in the same sentence. I don’t know if it’s adviser or advisor. All of the information from both Kiplinger’s and NAPFA seems to use them interchangeably. In fact, in one of the press releases, both versions are used in the same sentence.

]]> By: Data Babble http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112153 Data Babble Mon, 14 Jan 2008 16:10:44 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112153 Thanks! Wish I would have known about this sooner! Thanks! Wish I would have known about this sooner!

]]> By: My Super-Charged Life http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112152 My Super-Charged Life Mon, 14 Jan 2008 16:09:29 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112152 We could all use a good financial checkup from time-to-time. It couldn't hurt to put a call in and see what feedback you get. We could all use a good financial checkup from time-to-time. It couldn’t hurt to put a call in and see what feedback you get.

]]> By: Jeffeb3 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112149 Jeffeb3 Mon, 14 Jan 2008 15:50:22 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112149 Oh look, there's a search button: http://www.getrichslowly.org/blog/2007/04/24/when-and-how-do-you-hire-a-financial-planner/ Oh look, there’s a search button:
http://www.getrichslowly.org/blog/2007/04/24/when-and-how-do-you-hire-a-financial-planner/

]]> By: joel @ money saving report http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112147 joel @ money saving report Mon, 14 Jan 2008 15:40:51 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112147 Thanks J.D. that is a good find on your part. I am going to take a look at that now. You are right that its always a good idea to contact a professional when you can. especially if it is free. Then all you need to do is find a way to save more and have something to plan out. take care joel Thanks J.D. that is a good find on your part. I am going to take a look at that now. You are right that its always a good idea to contact a professional when you can. especially if it is free.

Then all you need to do is find a way to save more and have something to plan out.

take care
joel

]]> By: Jeffeb3 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112144 Jeffeb3 Mon, 14 Jan 2008 15:34:04 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112144 J.D. I haven't used a financial adviser before. My fiance has, and when I met him, he was the kind that got paid for the funds he recommended. He came off kind of used car sales-ish. What is the best choice for useful, unbiased advice? Besides blogs, you know... I could use a post that explains the difference, and maybe some advice on how to find a good adviser (I'm not sure my "are they busy" technique will work with FA's). P.S. is it adviser, or advisor? Firefox seems to think it's adviser. J.D. I haven’t used a financial adviser before. My fiance has, and when I met him, he was the kind that got paid for the funds he recommended. He came off kind of used car sales-ish. What is the best choice for useful, unbiased advice? Besides blogs, you know…

I could use a post that explains the difference, and maybe some advice on how to find a good adviser (I’m not sure my “are they busy” technique will work with FA’s).

P.S. is it adviser, or advisor? Firefox seems to think it’s adviser.

]]> By: Ron@TheWisdomJournal http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112142 Ron@TheWisdomJournal Mon, 14 Jan 2008 15:30:08 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112142 Great find JD! Gotta love the price! Great find JD!
Gotta love the price!

]]> By: Frugal Dad http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112137 Frugal Dad Mon, 14 Jan 2008 14:43:17 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112137 Wow, that is a great opportunity. It's not every day you can get access to the pros for no fee. Wow, that is a great opportunity. It’s not every day you can get access to the pros for no fee.

]]> By: sunsail http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112134 sunsail Mon, 14 Jan 2008 14:27:12 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112134 thanks for the heads up! thanks for the heads up!

]]> By: Mike http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112130 Mike Mon, 14 Jan 2008 14:07:00 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112130 Is this any relation to "Free Beer Tomorrow"? sorry, couldn't resist :) Is this any relation to “Free Beer Tomorrow”?

sorry, couldn’t resist :)

]]> By: tracy Ho http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112128 tracy Ho Mon, 14 Jan 2008 13:12:10 +0000 http://www.getrichslowly.org/blog/2008/01/14/free-professional-financial-checkup-tomorrow/#comment-112128 Great encouraging post, Thanks Tracy Ho wisdomgettingloaded Great encouraging post,

Thanks

Tracy Ho
wisdomgettingloaded

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