Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

Steelrolled

(2,022 posts)

11. One thing to look at is robo advisors

Reply to not fooled (Original post)

Thu May 14, 2020, 06:42 PM

May 2020

Note sure if it would work for you, but Schwab now offers one whose "base service" has 0% advisory fees and 0% commissions (they have a non-free premium version that gives you access to financial planners). If I didn't do everything by myself, I would likely use something like this, mainly because I don't like complicated investments, and I am cheap. You can google for reviews.

Edit history

Please sign in to view edit histories.

15 replies

= new reply since forum marked as read

Highlight:

Do I need some sort of financial advisor? [View all] not fooled May 2020 OP

we talked with an adviser from Fidelity and he was great!!!... samnsara May 2020 #1

I was confronted with that choice last year and decided to go with a financial planner. catbyte May 2020 #2

I 'inherited' one from my family janterry May 2020 #3

If you are willing to pay small fees and have a spooky3 May 2020 #4

Our financial advisor is local. We used him because others we trusted badhair77 May 2020 #5

I have been investing for myself since my first professional job mnhtnbb May 2020 #6

I recommend Wawannabe May 2020 #7

A second recommendation for Edward Jones csziggy May 2020 #13

I like dealing with Fee only advisors... the advisors that make a commission tend to churn the pot mitch96 May 2020 #8

Commissions are a red flag for me. Means he will get paid more if he sells you certain products. Midnight Writer May 2020 #9

If you do hire a financial adviser, be sure that she or he is a fiduciary. Nt spooky3 May 2020 #10

One thing to look at is robo advisors Steelrolled May 2020 #11

Ask more questions of any potential advisor. PoindexterOglethorpe May 2020 #12

Thank you for sharing your experiences not fooled May 2020 #14

Responded to the PM PoindexterOglethorpe May 2020 #15