At the recent “Get Motivated” seminar in Portland, a “Get Rich” salesmen was questioning why you would pay a financial advisor 1-2% when you could do it yourself. But as my husband was quick to point out, you could pull your own teeth instead of going to a dentist, too. What a scary proposition! We pay experts because they have tools, resources and knowledge to get what we need done. The same goes with a financial advisor.
Ever since the merger between Ameritrade and TD Waterhouse in early 2007, I have considered making a change with regard to your custodian. I wrote of my displeasure back in the July 2007 newsletter, and requested feedback. While most clients were annoyed by the over-exuberant mailings and poor technology interface, you don’t seem to require a change. My yearn for a change has most likely been because my biggest complaint against the new TD Ameritrade is related to their customer service and technology offering —both of which Joyce and I here in the office firewall for you.