More on Partnering with Financial Professionals...
You work hard for your money, so you shouldn't hand it over to just any financial professional. Unfortunately, choosing the right financial professional can be a confusing and difficult decision. What are a prospective financial professional's credentials? What standard of care does the professional follow? How does he or she charge for services? How will your money be invested? These are all important questions, but often it's not easy translating the answer.
This month, in an effort to provide guidance on working with financial professionals, the deferred compensation plan launched special editions of both its DC Update and Simply Put newsletter. Both are chocked full of indispensable information for retirement savers of all ages.
April 2015 DC Update
It seems like everyone, and their brother, is a financial advisor. As a prospective client, it's your job to cut through the fancy names and complicated fee schedules to find an advisor who's looking out for you. The April DC Update does just that by highlighting the most important questions to ask any prospective financial professional.
1st Quarter Simply Put Newsletter
Working with financial professionals can help savers navigate tricky financial situations, but it's important to understand why picking the wrong professional could be extremely costly. The 1st Quarter Simply Put newsletter explores why financial professionals have been in the news recently, when professionals may contact you, how they may charge for their services, what products they may sell you and how to tell different professionals apart. It's a must read for any saver considering a partnership with a financial professional.