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Updated over 3 years ago on . Most recent reply

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Carol Burns
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REAL all-around prosperity wealth advisor?

Carol Burns
Posted

I know we are not supposed to solicit help from a professional here, but I am at a loss.  Trying to find a wealth advisor who is experienced in all sorts of investments (stocks, real estate, reits, multi family , etc).  Someone who charges for his time, not commissions.  I don't mind doing my own research (love it actually), but also don't want to spin my wheels for months on end, because I feel completely overwhelmed with all the books, podcasts, etc, I feel I need to read and listen to so I'll know what I'm doing.  Would really really love some advice about where to start, how to allocate etc.  Any idea where I can find such people?  

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Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
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Scott Trench
Pro Member
  • President of BiggerPockets
  • Denver, CO
Replied

Love it! I think you are looking for a "Fee only financial planner" - your instincts are great, this is a thing, and you are wise in my opinion to be skeptical of traditional financial planners, who WILL try to sell you in many cases on expensive whole or universal life insurance (VERY rare use cases where this is profitable to the ordinary investor) and/or will charge fees for Assets Under Management. 

To find a Fee Only Financial Planner, check out XY Planning Network. BP has no financial affiliation with these guys; I just recommend you search there because it is a network of exactly what you are looking for. 

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