Friday, February 16, 2007

Diversify Your Financial Advisors

Diversify your investment portfolio is something everyone should do. But the question is should we diversify our financial advisors?

First, you have to ask yourself why you need more than 2 financial advisors. If the answer is you’re not happy with his/her consultation and would like to get a second opinion, then yes. Having a second financial advisors meet your purpose. In other words, if you’re not trust your current financial advisor, you should get your second advisors.

However, if you trust your current financial advisor and every advice he/she gave is positive, I don’t see a reason why you should get a second one. The more advice you are going to get from different advisors, the more confusing you are.


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