Do I need a Financial advisor?
Since last 5 years I've met bank financial advisors, (IMO they are salesman), insurance based financial advisor who sell something called as Seg funds. I haven't come across any financial advisor who can work on my interest, I am kind a lost. I don't have million dollar to invest but may be around 50K to start.
Any idea how to go on this route and at this point I have 2 questions
- Do I need a financial advisor who will work on my interest? If yes how much fee shall I expect to pay him / her?
- How much trust I need to have on Financial advisor so that I am correctly guided. Any retirees or someone who experienced FA can comment here.