Where to Get Investment Advice

Get investment advice on how to pick stocks or how to grow wealth for retirement. You can find financial advice from advisors, brokerage firms, banks and online planning services. You can also find advisors through organizations that provide pro bono financial planning services to people who need it, such as wounded veterans and survivors of domestic violence.

Investors Centre can help you create a roadmap for your finances that includes goal setting, debt management and investment advice. They may charge an hourly or flat fee. Some planners offer fee-only financial planning, meaning they don’t earn commissions on the investments or insurance products they sell you. Choosing a financial planner with a fiduciary duty to you is one way to ensure that you’re getting advice that is in your best interest.

Get Investment Advice: Expert Tips for Growing Your Wealth

Investors can also seek investment advice from robo-advisors, which are platforms that digitally manage your portfolio through risk-based algorithms. They typically charge lower fees than human advisors, and some offer secondary human advisor support. Robo-advisors can be a good option for investors who don’t have enough assets to meet the minimum investment requirements of some human advisors.

No matter where you get your investment advice, you should always carefully check a potential adviser’s credentials and their track record. You can do this by visiting FINRA’s BrokerCheck or the SEC’s Investment Adviser Public Disclosure database. You should also make sure an advisor discloses all the ways they’re paid for their advice, such as through fees, account charges and commissions on certain financial products.

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