Q: My father passed away and left me, his only child, a fully invested portfolio of over $15 million to take care of with the help of a few financial advisors. Some of the advisors have been handling my father’s money for over 10 years and look at me as if I am a dimwitted, spoiled child. I need help – how do I find an advisor that will help and respect me?
A: Sudden wealth can be overwhelming to the most knowledgeable of investors, let alone someone who has not had to make these decisions in the past. You should take as much time as you need to interview financial professionals until you are comfortable with someone. I suggest a Certified Financial Planner™ practitioner vs. someone who just calls themselves a financial advisor. As a CFP®, we have greater education and regulations to follow than those who do not have the CFP designation. I also suggest that you look for a fee-based, or fee only CFP®. There will be no question that your needs will be first in foremost in the relationship.

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