Kathleen Longo Published in BAM Alliance | It Takes Three: Are You in the Right Relationship?
Friday, 29 July 2016
Kathleen Longo shares steps you can take to ensure that the relationship with your advisor is fruitful and fulfilling in It Takes Three: Are You in the Right Relationship? Shared by The BAM Alliance, July 19, 2016
Studies show that 70 percent of women will leave their financial advisor after a major life change, such as the death of a spouse or divorce. Major life transitions bring enough stress and emotion without adding the need to find a new financial advisor or to master your finances. As women also generally outlive men, this longer life expectancy means you will at some point likely require financial counsel.
If your needs are not being met, then it might be time to reconsider your relationship with your financial advisor now, before it’s a decision you have to make amid a major life upheaval. Here are some steps you can take to help ensure that your relationship with your advisor is fruitful and fulfilling, along with some key attributes to seek in a potential replacement.