Investment Advisors / Fund Managers
Posted: Sat Aug 20, 2011 8:00 am
10 Signs Of A Bad Investment Advisor
In times of market turbulence, investors are apt to reconsider their relationships with their advisors, or reconsider their status as DIYers.
You may not make a move till things settle out, but it's a good idea to look with a critical eye
at the way your investments are being managed in this testing environment.
Excluding criminals, there are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients' assets well, but on gathering
assets under management in order to grow their own practices.
How do you tell if you're sitting across from either one of these types of bad advisors?
In an industry that lacks transparency, it can be difficult.
Source: Forbes
http://www.forbes.com/sites/investor/20 ... =dailycrux
In times of market turbulence, investors are apt to reconsider their relationships with their advisors, or reconsider their status as DIYers.
You may not make a move till things settle out, but it's a good idea to look with a critical eye
at the way your investments are being managed in this testing environment.
Excluding criminals, there are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients' assets well, but on gathering
assets under management in order to grow their own practices.
How do you tell if you're sitting across from either one of these types of bad advisors?
In an industry that lacks transparency, it can be difficult.
Source: Forbes
http://www.forbes.com/sites/investor/20 ... =dailycrux