It’s easy to let your investments accumulate like the junk in a junk drawer. This may not be the best approach.
Please refer to our transcription below if it is easier and/or more convenient for you:
We’ve all got one, a drawer full of all manner of things, batteries, paper clips, old power cords, little bits of strings, things that on their own are useful, but together make a mess. It’s easy to let our investments accumulate the same way. A stock here, an IRA there, but soon enough those investments may start to look like that drawer in the kitchen that we avoid opening up.
One study found that 25% of financial advice seeking households have used more than one financial advisor. That percentage goes to 33% for households worth between $2 to 5 million in investable assets, and 58% for those with more than $5 million.
When our portfolio is spread across multiple advisors it can be easy to lose sight of the big picture. Keeping your investments with one advisor may help keep your portfolio balanced and more diversified. Make sure that your investment approach is carefully considered with the big picture in mind.
Call today and let’s talk about organizing that drawer.
Fiduciary & Fee-Only Financial Advisors and Planners
rebel Financial is a Registered Investment Advisor that provides retirement planning, estate planning, financial planning and investment management services to individual and institutional clients.
A more detailed description of the company, its management and practices are contained in its Firm Brochure (Form ADV, Part 2A).