Not sexy, but sound.
The article "Beware of Deceptive Financial Advisers" was also good but somewhat incomplete. First, none of the common warning signs you mentioned are concerns when a fee-only, hourly, certified financial planner is hired. Second, two important professional organizations for binding fee-only financial planners were not mentioned: The National Association of Personal Financial Advisors (www.napfa.org) and The Garrett Planning Network (www.garrettplanningnetwork.com). As one of the very few African American members of these organizations, I would appreciate their recognition as viable alternatives to organizations with potentially "deceptive" advisers.
I find that very dew African Americans know where to turn dot independent, commission-free financial advice. I hope that BE can help educate our community by introducing its readers to all the alternatives. Keep up the good work!
Bruce K Sneed, CFP(R), President
BK Sneed Financial Planning
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|Author:||Sneed, Bruce K.|
|Article Type:||Letter to the editor|
|Date:||Mar 1, 2007|
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