Every December, with visions of sugarplums dancing in their heads, investors begin to scrutinize their performance, formulate couldas and shouldas, and determine what to try next year. Its an annual, masochistic, right of passage.
Investment Advisors 101 ask some questions.
Why do people become Investment Advisors? Call me skeptical, but I dont think its the ethereal glow they feel after implementing your new Financial Plan. Actually (once you appreciate that IAs are the primary delivery system for Wall Streets huge collection of one-size-fits-all products), youll realize that its the money.