Financial advisors are urged to identify who their “typical client” is.
The idea is that it’s difficult for financial advisors to be effective if they try to court each and every type of client. Specialized expertise is an important characteristic of the financial planner you put in charge of your retirement portfolio.
When you look for a financial advisor, try to figure out who their typical client really is.
Here’s how I describe my typical client, for example:
You have $1 to 10+ million in investable assets, including retirement accounts
You are 45 to 75 years old
You believe in low cost (“passive”) investing
You don’t think it makes sense to pay an advisor 1% of your portfolio
You could use help with both financial planning & investment management
You live in New England or are comfortable working virtually
Am I describing you? If so, we should talk. I welcome you to click the button below to schedule a complimentary consult with a Clark Asset Management financial planner.
