Financial advisor for people who are not super rich

[Anonymous]

We’ve met with Lori Atwood who is a DC based advisor and she was great. She’s since expanded her business and it’s called Fearless Finance. It’s not a huge amount of money to meet with their advisors who have been very helpful.

[Anonymous]

Another vote to start with bogleheads. A lot of financial management is quite simple IMO so no reason to pay someone a lot. I say that as someone who has had to learn financial stuff on my own, so perhaps similar background to you, OP.

[Anonymous]

A PP again. There’s a lot of sound advice here. A one shot flat fee evaluation by a fiduciary could help find things we missed, or offer another perspective. Determining reasonable fees to pay for this has been challenge.

[Anonymous]

XY Planning Network and Garrett Planning Network have search capabilities for finding an appropriate financial planner for your needs:

https://connect.xyplanningnetwork.com/find-an-advisor

https://directory.garrettplanningnetwork.com/search-member-profiles

[Anonymous]

Anonymous wrote:Vanguard PAS is what you want: https://investor.vanguard.com/advice/personal-hybrid-robo-advisor

Low fees, well-informed and tax-sensitive advice, with a focus on managing risk appropriately.

Vanguard PAS is not the way to go. Vanguard does not provide tax advise, you'll see this mentioned in fine print at the bottom of the pages. .03% is way too much money for them to pick a handful of index funds (which you should do, but no need to pay for that advise).

[Anonymous]

Anonymous wrote:A PP again. There’s a lot of sound advice here. A one shot flat fee evaluation by a fiduciary could help find things we missed, or offer another perspective. Determining reasonable fees to pay for this has been challenge.

You most likely need more than a one time evaluation. A financial planner will go over all major areas related to money.

Do have your estate planning documents up to date?

[Anonymous]

According to my mother, who claims to be DCUM poor, Edelman Financial Services, but in reality, I just use the free education tool on Fidelity’s website or a roboadvisor.

[Anonymous]

Anonymous wrote:According to my mother, who claims to be DCUM poor, Edelman Financial Services, but in reality, I just use the free education tool on Fidelity’s website or a roboadvisor.

Edelman is for the dumb rich or lazy. They start at 1.75%.

[Anonymous]

Anonymous wrote:I am on the waiting list for this:

https://planvisionmn.com/

$300 flat fee for the first year; $8 a month thereafter; cancellable at any time.

A number of good recommendation on Bogleheads.

Used to be $98 flat fee and $8/m. Do you know if the software they use (eMoney) is available to individual, retail users or are we obligated to go through advisors? I know Fidelity (Full View) offers it for free but I've read that it's a crimped version.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am on the waiting list for this:

https://planvisionmn.com/

$300 flat fee for the first year; $8 a month thereafter; cancellable at any time.

A number of good recommendation on Bogleheads.

Used to be $98 flat fee and $8/m. Do you know if the software they use (eMoney) is available to individual, retail users or are we obligated to go through advisors? I know Fidelity (Full View) offers it for free but I've read that it's a crimped version.

From the emoney site it does not look like the product is available to retail customers.

[Anonymous]

Use napfa.org to find a reputable flat fee based planner.