"AskTony" column archive

This Web site contains a compilation of more than a thousand consumer finance columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today. New material will be added beginning in late 2010.

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Choosing a financial adviser

originally posted: 11/22/2006 reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email asktony@tonynovak.com.

Q: I am covered by your service in our company's employee benefit plan through Freedom Benefits and I am interested in getting some advice planning for retirement. How much would this cost?

A: Actually, it is the same $150 per hour, available as needed with no minimum or other contract. Usually a few yours now and a few hours just before retirement will suffice. There are no commissions or asset-based fees so this is a significantly less expensive way to obtain professional help over the long term. You may wish to see the editorial review of the recent Wall Street Journal article on choosing a financial adviser.

Summary

More resources:

editorial: "Choosing a Financial Adviser"