Brokers and Financial Advisors Boston MA

Brokers can also be financial advisors, and vice versa. Financial advisors provide advice on financial planning, cash flow management, retirement planning, and investment planning, while brokers, or stockbrokers, buy and sell securities on behalf of investors. Read on to learn more and to gain access to expert brokers and financial advisors in Boston, MA.

Philip Lee
Modera Wealth Management, LLC
(617) 247-0518
535 Boylston Street, Suite 300
Boston, MA
Expertises
Ongoing Investment Management, Divorce Planning, College/Education Planning, Newlyweds & Novice Investors, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Data Provided By:
Kevin Nulton
Titanium Advisors, LLC
(508) 528-3120
225 Franklin Street
Boston, MA
Expertises
College/Education Planning, Estate & Generational Planning Issues, Ongoing Investment Management, Planning Issues for Business Owners, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, JD

Data Provided By:
Kristofor Behn
Fieldstone Financial Management Group, LLC
(800) 888-5164
101 Federal Street, Suite 1900
Boston, MA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Planning Issues for Business Owners, Financial Issues Between Generations, Estate & Generational Planning Issues, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Data Provided By:
Victoria Marrone
Modera Wealth Management, LLC
(617) 247-0518
535 Boylston Street, Suite 300
Boston, MA
Expertises
Women's Financial Planning Issues, Cash Flow/Budgets/Credit Issues, Financial Psychology/Coaching, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MBA, PhD

Data Provided By:
Thomas Fisher
Fisher Financial Strategies
(617) 444-8555
245 First Street, Suite 1800
Cambridge, MA
Expertises
Hourly Financial Planning Services, Investment Advice without Ongoing Management, Middle Income Client Needs, Newlyweds & Novice Investors, College/Education Planning, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®

Data Provided By:
Peter Disch
Disch & Associates, LLC
(617) 585-0050
10 Newbury Street, 4th Floor
Boston, MA
Expertises
High Net Worth Client Needs, Ongoing Investment Management, Advising Medical Professionals, Advising Entrepreneurs, Alternative or Private Investments, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Data Provided By:
Thomas McFarland
The Darrow Company, Inc.
(617) 330-5090
101 Federal Street
Boston, MA
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Data Provided By:
Robert Siefert
Modera Wealth Management, LLC
(617) 247-0518
535 Boylston Street, Suite 300
Boston, MA
Expertises
High Net Worth Client Needs, Planning Concerns for Corporate Executives, Charitable Giving - Trusts & Foundations, Ongoing Investment Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Data Provided By:
Jennifer Lane
Compass Planning Associates, Inc.
(617) 523-4666
3 Center Plaza
Boston, MA
Expertises
Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Women's Financial Planning Issues, Newlyweds & Novice Investors, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Data Provided By:
Walter Herlihy
Beacon Financial Planning, Inc.
(888) 230-3588
111 State Street
Boston, MA
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Retirement Plan Investment Advice, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, ChFc, CLU

Data Provided By:
Data Provided By:

Investing with a Broker or Financial Adviser

by September 21, 2007 02:38 PM

[article image]

Once upon a time in a distant galaxy, people trusted their life savings to brokers and financial advisers who always made investments according to their clients' needs and wishes, never thinking of per-transaction fees. When people needed to plan for the future, they put their faith in financial planners who were highly competent and recommended only the most appropriate products no matter what rip-off insurance policies and other vehicles their companies were trying to push.

But these people were definitely not living in the United States in the 21st century.

Now, ladies and gentlemen, back to reality. In this world, you have to be a highly informed consumer before you start seeking financial advice. So-called "experts" are hanging out shingles everywhere, some of them just to take advantage of people in trouble.

Here is something you must always keep in mind: When a financial professional is advising you, he or she is being remunerated by the amount of product sold and frequency of selling. Doing well for you is not necessarily this person's prime mission in life. The smart pros don't want to burn you because they don't want to lose you as a client, but they have some powerful incentives—such as hanging on to their jobs—to sell you a lot of things that you might live very nicely without.

Such as? Here are a few products that you don't need:

  • "Investment" insurance policies.
  • Home equity lines of credit to get you out of some other form of debt.
  • Adjustable-rate mortgages (ARMs) when you plan on being in a place for a long time, so you "can afford to buy" more house than you can really afford.
  • Mutual funds, stocks, or bonds that a broker needs to sell because if he doesn't meet his quota of products sold for the month he'll be fired.

Believe it or not, there are brokers who regularly read the obituaries, looking for rich men who have died. Then they call the widow with some "trust me with your investments" spiel to get their hands on the money she has inherited. A savvy widow will find her own broker, or invest her husband's estate herself in investments that she understands.

[[page]]

Handing your hard-earned money to a financial professional can be like lending someone your car and they return it with a huge dent, or like trusting your home to a house-sitter while you're away and returning to a tank of dead tropical fish and beer-colored carpet stains.

Our mantra is and always will be: Nobody else takes care of your things with the loving care that you do, and that includes your money. That's the whole basis of Dolans.com. But we also know some people prefer to work with a financial pro, so we want to give you some advice on how to find one you can trust.

An Important Distinction

Let's begin with a distinction, so that you'll know where to start. What's the difference between a financial planner/adviser...

Click here to read more from Dolans.com

Local Events

2015 American Economic Association Annual Meeting
Dates: 1/3/2015 – 1/5/2015
Location:
Boston
View Details

ICMA Annual Conference 2014 - Investment Management Consultants Association
Dates: 5/5/2014 – 5/7/2014
Location:
Boston
View Details