Struggling to find an adviser who isn’t just trying to sell you something? Here’s what you should do.

  • Struggling to find a financial adviser who isn’t just trying to sell annuities or equities
  • Owns five properties and considering selling them for a better retirement
  • Looking for an adviser with experience in real estate and comprehensive financial planning
  • Consider finding a fee-only adviser working for a Registered Investment Advisor (RIA)
  • Work with someone who can provide objective advice and prepare different scenarios
  • Interview multiple advisers to find the right fit for your needs

Are you a property owner considering selling your properties for a better retirement? Finding the right financial adviser can be a challenge, especially when many are focused on selling annuities or equities. However, there are steps you can take to find an adviser who can provide the guidance you need. First, look for an adviser with experience in real estate and comprehensive financial planning. They can help you weigh the pros and cons of keeping or selling your properties, consider cash flow and risks, and address tax questions. Consider working with an hourly or project-based adviser to avoid potential conflicts of interest. To avoid being sold annuities or other products, seek out a fee-only adviser who works for a Registered Investment Advisor (RIA). RIAs have a fiduciary obligation to act in their clients’ best interests and cannot sell certain products like annuities or stock options. It’s also important to work with an adviser who can provide objective advice and prepare different scenarios for you. They should be able to analyze your properties and determine the return on equity (ROE), which can help guide your decisions on assets, income, and Social Security. When searching for an adviser, interview multiple candidates to find the right fit for your needs. Look for someone whose values and mission align with what you’re looking for. By taking these steps, you can find a financial adviser who can help you make informed decisions and plan for a better retirement.

Factuality Level: 3
Factuality Justification: The article provides relevant information on how to find a financial adviser for real estate decisions and retirement planning. However, it includes multiple unnecessary repetitions of the same advice and promotes a specific tool for finding advisers, which may indicate a potential bias towards that tool. The article lacks depth in addressing the reader’s specific situation and could benefit from more detailed and varied advice.
Noise Level: 3
Noise Justification: The article provides relevant and actionable advice for finding a financial adviser tailored to the reader’s specific situation. It offers insights on the importance of finding an adviser with real estate and comprehensive financial planning experience, as well as the benefits of working with fee-only advisers. The article stays on topic and provides concrete steps and considerations for the reader to take when selecting a financial adviser.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses finding a financial advisor and making decisions regarding real estate and retirement planning.
Key People: Jud Mallini (Certified Financial Planner of Together Planning), Sam Rouman (Certified Financial Planner of BerganKDV Wealth Management), Marguerita Cheng (Certified Financial Planner), Daniel Forbes (Certified Financial Planner of Forbes Financial Planning)

Reported publicly: www.marketwatch.com