I recently went to a friend’s house for dinner who told me she and her husband now have a financial adviser.

She said it’s been great to have someone to sit down with and develop a plan for life insurance, college savings– even a better idea of where their money goes.

I’ve never worked with an adviser, partly because I believe it’s my job to muddle through my own finances and share what I learn with you. But also because I am comfortable at this stage in my family’s finances that we are saving as much as we can, disciplined in doing so, and don’t have a complex enough situation (or enough money saved) for many advisers to want us as clients. Plus, I don’t want to pay for one.

That said, I’m not weighing out working with a planner in the future. Good ones can do wonders for people’s cash flow situation and savings accounts.

Do you use an adviser? How did you find him, or her (intern Cari Tuna had a story today about the lack of female advisers in the industry)? Are you happy with the service? Do you think they do a good job? If so, how do you know?

Tell all!

This entry was posted on Friday, July 6th, 2007 at 10:24 am and is filed under retirement, saving. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.