Yes, the title is what it is. I'm actually getting a Financial Advisor. In fact, I'm getting two! My late grandparents left me some money and when I graduated from college it was passed on to me by my father. The same FA that has handled my granparents and parents account was handling this, but I think his time is over, and his conservative approach isn't quite what I'm looking for at my age.
What's interesting is that I now have two advisors with very different perspectives and investment style approaches. One of them prefers iShares and ETF type funds, whereas the other focuses mostly on mutual funds for his clients. And these are loaded mutual funds too. I'm actually a mutual fund hater, and the fact that they're front-loaded as well makes me even sicker to the stomach! But I did this mostly for the learning experience and also as a gauge against my own investing abilities. Hopefully I can get rid of the gag reflex that I'm getting whenever I think about the huge upfront costs and the yearly brokerage fee. Eww. I am happier with the other FA's approach and I'll post more on his style later.
I plan to also compare both advisors, and hopefully consolidate into one FA in about 3 years, depending on who does better. I'm hoping they both do really well, but I really want to actually beat both of them! Only time will tell...game on!
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