[USER]

I recently moved to Nevada and I’m very unhappy with my financial advisor.

I feel they are nice but I have not made any money in anything they have suggested and we trusted in them.

I recently put money into a hysa to get interest but don’t want to leave that much in there because I will have income taxes on that amount. It’s six figures.

I rather invest some than just the 5 % interest.

I would love to sit down with someone who can look at my portfolio and make a plan with us to get my husband and I in better shape.

Has anyone used someone in Nevada that was experienced and made them money and communication was easy?

We have a few accounts with this situation.been with financial person for about 6 years.

[Tristan]

As a professional, I’m curious, what types of accounts are they? (Ira, individual/joint, etc).

Because if it’s an individual/joint account you could be paying taxes as you go the same as the HYSA.

My next question is what are you invested in currently with this advisor?

Have you had conversations with them where they know what your goals are, how much risk you are willing to take, and shown you a plan for how to achieve your goals?

[Kacee]

I don’t think it’s the state…These FAs don’t know any better, really, otherwise they’d be retired by now, sipping umbrella drinks some where.

Sure, it’s not their money, they’ll tell you anything to sell products.

Just learn as much as you can and manage your own money instead of giving it to them.

You got this!

[Antoino]

You need to read up on investing and learn how to do it yourself. I did that 15 years ago.

Best decision I ever made the only people I worry about every year is a tax preparation person and I might go get a tuned up from a CPA.

By the way, I lived in Nevada for seven years you will be fine.

[John]

Hire a fee-ONLY advisor for this situation, not someone that collects a commission on your money whether you win or lose.

[Author]

Posts