Friday
Can I afford advice ?
It's simple enough to find a brokerage that will let you buy and sell stocks for a fee. But what if you also want a little advice?
These days, a lot of brokers prefer to call themselves consultants or "wealth managers" and don't want to spend too much time with people who have less than $500,000 or even $1 million to invest.
So what kind of advice the rest of us can get. (And what does it costs.) Most brokerages offer a baffling array of service levels, and at the old full-service firms fees and commissions are often negotiable.
To give you a starting point, here's a sampling of what four major firms are offering to what you might call investing's middle class -- people with $100,000 or less to put to work. more..
These days, a lot of brokers prefer to call themselves consultants or "wealth managers" and don't want to spend too much time with people who have less than $500,000 or even $1 million to invest.
So what kind of advice the rest of us can get. (And what does it costs.) Most brokerages offer a baffling array of service levels, and at the old full-service firms fees and commissions are often negotiable.
To give you a starting point, here's a sampling of what four major firms are offering to what you might call investing's middle class -- people with $100,000 or less to put to work. more..
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