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This book analyses the financial advisor's industry and gives examples and recommendations on the subject. The author gives the advantages and disadvantages of hiring a financial advisor, which can help you see the whole picture of the subject, the good and the bad side. It also educates you, the client on how to work with your advisor, what to ask and expect from your advisor. This is probably one of the best books on the subject. I absolutely recommend this book to everyone who wants to hire a financial advisor! Congratulations Liz, from Greece and Albania!
I have been retired for eleven years. Having had a few bad experiences with financial advisors, I truly wish I had been able to read this book thirty years ago. This book contains not only great info on advisors - types, what they do, pitfalls, how to pick one. etc., but also lots of other practical financial advice. As another reviewer put it, there's much more here than the title indicates. This book would be a great gift for college grads or newlyweds. Highly recommended.
Ultimately, this book saved me tens of thousands of dollars. Great, easy read. Not confusing. Read it last year and find myself going back to my notes during quarantine. Even if you don't have a financial advisor or want one, this book is a must read to help you understand how to best manage your money.
This is a good reference to get anyone started on managing their personal finances. There are a number of practical tips about paying down debt and taking advantage of your employee benefits, stuff that you've probably read in many other places. But it's good advice, nevertheless. There are also a couple of chapters about choosing the right financial advisor or more accurately about avoiding bad advice. The book offers useful examples of people that have done smart and stupid things along the way.