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Choosing a financial advisor

Choosing a financial advisor

What is a Fiduciary Financial Advisor?

A fiduciary financial advisor has a legal obligation to act in the client’s best interests. Anyone can hold themselves out as a financial planner, so it's important to understand the terminology and different standards when looking for a wealth manager. Registered investment advisors are the only type of advisor always…
October 25, 2021
401(k) Plans403(b) PlansAsset ManagementBoston financial advisorChoosing a financial advisorForbesInvestingRetirement Planning

Should I Pay Someone To Manage My 401(k)?

Investors can save over three times as much in a 401(k) compared to an IRA, without even including employer contributions. So, it's little surprise that most Americans rely on employer plans to save for retirement. Given the reliance on 401(k) or 403(b) savings, investors may wonder: should I pay someone…
March 1, 2021
Choosing a financial advisorForbes

Do I Need A Financial Advisor Or Should I Do It Myself? Here’s When It’s Worth It To Get A Financial Advisor.

The age-old question: are financial advisors worth it? Deciding whether to get a financial advisor or manage your own investments is a big decision. Not everyone needs an ongoing relationship with a financial planner or investment advisor. But many investors who would benefit from working with a wealth advisor don't…
August 17, 2020
Boston financial advisorBuilding WealthChoosing a financial advisorFinancial PlanningForbesInvesting

You’d Hire a Pro for a Home Renovation, So Why ‘DIY’ with Your Life Savings?

If you have ever hired a contractor, you likely have firsthand experience with how important it is to find the right professional–and just how hard that task can be. In any situation, when you don't know enough about a subject to ask the right questions or completely consider all the…
May 8, 2019
Boston financial advisorChoosing a financial advisorDiversificationEstate PlanningFinancial PlanningInvesting

5 Most Common Financial Mistakes Investors Make With Their Money

5 Most Common Financial Mistakes Investors Make Money management without the support of a financial advisor is hard. Things can easily fall through the cracks. At Darrow Wealth Management, the majority of new clients never worked with an advisor before. Here are the top 5 most common (and costly) financial…
December 7, 2018