What are the right questions to ask? And the fee is confusing to me, it’s not a 1% flat rate. I need to know how the money is being managed, and I feel like the accounts were set up and nothing is done with them, yet she made about $15,000 last year off my money. The adviser is open to meet quarterly but I don’t see the value in meeting as I feel like words are thrown at me and I am not sure what to ask. (Looking for a new financial adviser? This tool can match you to an advisor who may meet your needs.) That said, I also don’t know what she is supposed to do. I understand the market is not doing well, but I wasn’t seeing the kind of growth I expected to see even before the market started tanking. I am not sure my financial adviser is doing much for me. We started with $1 million dollars, and I expected to see it grow quite a bit, but instead I’ve been losing money over the past few years. But those projections were made before the market started tanking. From that, it looks like, if I continue to work and contribute to my 401(k), I can help my kids, retire at 65 and outlive my money. I have a financial adviser managing my finances, and we created projections using my debt, mortgage, and other financial factors. I’d also like to leave them something when I pass away. I want to help them with their first cars and paying for college. ![]() Question: I am a single mom with three young children.
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