How the pandemic made working with a financial planner easie

How the pandemic made working with a financial planner easier


How the pandemic made working with a financial planner easier
You don’t need a huge savings account to find a fee-only financial planner willing to work with you.
(Associated Press)
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Dear Liz: You often recommend in your column to seek the advice of a fee-only financial planner. Where would I find such a financial planner? Our understanding is that a person has to have at least $1 million of savings to invest before a “fee-only” financial planner will consult with you. Can you be more specific?
Answer: Once upon a time, it was difficult to find fee-only financial planners if you didn’t have a lot of money to invest. Many required you to invest at least $250,000 and charged 1% of those assets annually.

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