Example:While it is true that having someone that you can trust is a crucial aspect of choosing an investment advisor, your advisors also need to be competent. There have been numerous occasions with clients of ours who chose a friend or family member as their investment advisor solely because they trusted them. But after a few years of informing our client of this advisor's underperformance of 5% or more annually, costing the client hundreds of thousands of dollars, we were asked to replace this advisor for the client. Most people don't realize that even underperformance of 1% annually on a million-dollar portfolio could cost you over $5 million dollars throughout your life. So make sure your investment advisor is competent as well as trustworthy.
INDEPENDENT ADVICE :
We are not investment advisors and don't offer investments to our clients. Most clients come to eobm with investment advisors already involved in their financial affairs. This means that we work with numerous advisors with a wide array of investment styles and market views. The value we offer our clients is our independent advice. We maintain and monitor the growth of a client's investments by evaluating the performance of their chosen investment advisors. Our independence creates a checks-and-balances system that is invaluable to clients.
QUESTION 1 of 7
How many investment advisors (brokers) do you currently work with?
Select an answer to proceed.
