Allen Masri
Federal Benefit Consultants
Financial Advisors: Beware of Fees and Hidden Commissions

Fees and expenses can be deadly for retirement accumulation success
If you are someone who is trying to protect your retirement savings, keeping track of this volatile market is not fun. To assist and help, you may have selected a financial advisor.I have always found it very odd that the choice of a type of financial advisor could have nothing to do with what they want their financial professional to do for their money. When I ask my clients what kind of financial professionals you want, I get all sorts of answers. Some say, “I want someone with a degree in finance, or I want someone with lots of experience.” A typical response is, “I want a professional who will pick up the phone when the market is crashing.”Ask yourself: “ Is there anything about my financial professional or what he or she is recommending that guarantees my money will not participate in market losses?” Then ask yourself what I want my financial professional to do with my money. When I ask that question, I usually get one answer: "I want it to grow, and I want it to be safe.“ The answer is important because fees associated with any financial planner can diminish your account. A warning sign is a planner is not in step with your goals by showing safety and security as an option.Burton Malkiel, a Princeton University Professor of Economics and author of a Random Walk Down Wall Street, wrote the sad truth about three kinds of financial planners.- Prognosticators: those who don’t know
- Those who don’t know they don’t know
- Those who know they don’t and get paid big bucks to pretend they know.

Allen Masri
Federal Benefit Consultants
1836 N. Pine Island Rd.
Plantation, Florida 33322
allen.masri@retirevillage.com
(786) 398-7260


Looking For Answers?
Download our Safe Money Guide and learn more about safe retirement options that can help you achieve your retirement goals safely - FREE!