Ask Terry Questions Financial Advisors?

Financial Advisors?

By Terry Savage on August 20, 2023 | Financial Planning / Retirement

My 33 year old son needs a financial advisor, he lives in Mundelein, IL. He has a Roth IRA, an IRA contributory (?) and a 401k with a company he no longer works for. All are with different companies i.e., Schwab, Fidelity and Athenian.
He needs to consolidate and grow a retirement plan. But needs to learn and work with an advisor.
Any info is greatly appreciated. Thank you

Terry Says

This is an easy answer for me to give you. My only question is whether he will take this advice, since he wasn’t the one who asked for it!
Here’s a link to Wealthramp — the matching service for fee-only FIDUCIARY advisors. He will be given several matches and should meet with a few of them, asking how they work with their clients, general recommendations, and their fees. At this stage, it should be an easy fit and inexpensive.
Please write back and let me know what develops. I’ll be thinking about it!

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