Intelligence

Three Signs a Client’s Money Has Outgrown His or Her Investment Advisor

While some people in the retirement-planning stages worry about outliving their money, others have a different concern: that their money is outgrowing their investment advisor. In fact, it’s not unusual for the size of the client’s investment to increase well beyond their advisor’s level of experience and knowledge, states Retirement wealth in a new report. Higher net-worth individuals often demand more creative, sophisticated planning for their needs than their original advisor is able to provide. – – – In this story, we’re looking for warning signs that a client may think he or she has outgrown a specific advisor, and what that advisor can do to keep that client on board, if possible. All comments welcome. Requirements: Financial planners, investment advisors, money experts, businessexperts, actual financial advisory clients.