Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Niloy Chakrabarti

'I Paid $1000 for a Financial Plan, Now My FA Won't Answer My Calls': What You Should Do

Fiduciary financial advisors are legally required to prioritize your financial goals over their commissions and incentives. (Credit: Andrea Piacquadio/Pexels.com)

Seeking financial advice has been a growing trend in the US since the onset of the pandemic, which caused a recession, volatility in the stock market, and rising living costs. These factors compelled many to sort out their finances by connecting with financial advisors. However, finding the right advisor can be challenging, even if you want to create a financial plan and not stick with the advisor for the long term.

In a Reddit post, a user shares that she earns $100,000 annually from an irrevocable trust with $2 million locked in till 2030. At the same time, she has $200,000 in a Schwab fund. When she started looking for a financial advisor to help with taxes and investing, her stylist recommended a highly qualified one.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.