I get a lot of questions from seminar participants about building a wealth team. For example, Anita from our Financial Freedom Now teleseminar recently asked the following:
Is there a particular on-line brokerage firm that you recommend?
Do you recommend using any particular stock advisory newsletter?
These seem like simple enough questions. But without knowing Anita's personal wealth strategy, I would be remiss in making a recommendation. Why? Because it will depend on how Anita wants to invest. Assuming she wants to invest in the stock market, how does she want to invest? Does she want to invest in mutual funds or other funds or does she intend to trade in options? These questions should be answered as part of a well-conceived wealth strategy.
I would submit that these are the perfect questions for a strategic wealth coach. Your coach knows and hopefully even helped devise your wealth strategy. They should be able to either give you a specific recommendation or help you find the best answer for you. For more on building a wealth team, see my article at WSU on wealth teams. (link to article)
Warmest regards,
Tom