{"product_id":"get-wise-to-your-advisor-9781118700730","title":"Get Wise to Your Advisor","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eThe financial services world is changing. Technology is enabling an automated approach to investing that should bring down the cost of commodity services. No longer do you have to fund the lifestyle of a broker or advisor to have him tell you how to diversify or where to find the next investment that cannot be missed. This book will provide the tools for calculators that tell you most of what you need to know; from how much insurance you need to have to how you should diversify. The book will help readers with the following:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand what you have\u003c\/li\u003e \u003cli\u003ePlan your long-term goals\u003c\/li\u003e \u003cli\u003eStart to save (maximizing your 401k)\u003c\/li\u003e \u003cli\u003eReduce debt\u003c\/li\u003e \u003cli\u003eRun your Monte Carlo Simulation\u003c\/li\u003e \u003cli\u003eDetermine the appropriate asset allocation\u003c\/li\u003e \u003cli\u003eSet up your auto-rebalancing and periodically (annually, perhaps) re-examining your asset allocation to account for globalization\u003c\/li\u003e \u003cli\u003eDeploy the asset mix through low cost, tax-efficient strategies\u003c\/li\u003e \u003cli\u003eLook at it o\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Is This Any Way to Choose an Advisor? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBad Financial Medicine 3\u003c\/p\u003e \u003cp\u003eA Murky Industry 7\u003c\/p\u003e \u003cp\u003e“You Should Meet My Guy” 11\u003c\/p\u003e \u003cp\u003eKey Points 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Wall Street’s Dirty Secrets 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe More Things Change . . . 23\u003c\/p\u003e \u003cp\u003e“You Don’t Understand . . .” 28\u003c\/p\u003e \u003cp\u003eMisplaced Interests 33\u003c\/p\u003e \u003cp\u003eBrokers and Advisors 35\u003c\/p\u003e \u003cp\u003eWall Street Brokers versus Main Street Consumers 37\u003c\/p\u003e \u003cp\u003ePeddling Products 39\u003c\/p\u003e \u003cp\u003eOmission versus Commission 42\u003c\/p\u003e \u003cp\u003eKey Points 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Wall Street Whitewash 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImage Is Everything 49\u003c\/p\u003e \u003cp\u003eShopping Shortcuts 52\u003c\/p\u003e \u003cp\u003eVegas Rules 59\u003c\/p\u003e \u003cp\u003eKey Points 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Hold Your Nose: Other Advisor Options 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBank-Based Advisors 70\u003c\/p\u003e \u003cp\u003ePrivate Banking and Trust Departments 72\u003c\/p\u003e \u003cp\u003eAsset Managers 74\u003c\/p\u003e \u003cp\u003eInsurance Salesmen 76\u003c\/p\u003e \u003cp\u003eFee-Only Planners 78\u003c\/p\u003e \u003cp\u003eOther Options 79\u003c\/p\u003e \u003cp\u003eTechnology’s Triumph 81\u003c\/p\u003e \u003cp\u003eKey Points 86\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Case for Independent RIAs 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Trouble with Fee-Only Advisors 92\u003c\/p\u003e \u003cp\u003eThe Case for Independent RIAs 94\u003c\/p\u003e \u003cp\u003eBuyer Beware 99\u003c\/p\u003e \u003cp\u003eDo All RIAs Live Up to Their Title? 102\u003c\/p\u003e \u003cp\u003eDisorienting Disclosure 105\u003c\/p\u003e \u003cp\u003eRIAs: A Good Place to Start 115\u003c\/p\u003e \u003cp\u003eKey Points 115\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Our Lazy Brains: Why We’re So Bad at Choosing Advisors (and Investing Our Own Money) 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Gut versus the Mind 121\u003c\/p\u003e \u003cp\u003eSalesmanship 101 125\u003c\/p\u003e \u003cp\u003eWhat You See Is All There Is 128\u003c\/p\u003e \u003cp\u003eMy Advisor Is Handsome, So Why Am I Broke? 130\u003c\/p\u003e \u003cp\u003eWhy We Stink at Managing Our Own Money 136\u003c\/p\u003e \u003cp\u003eKey Points 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 How to Be Your Own Investment Advisor 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDon’t Let Costs Mug Your Returns 156\u003c\/p\u003e \u003cp\u003eHow to Win the Game by Not Playing 163\u003c\/p\u003e \u003cp\u003eSoftware-Powered Investing 179\u003c\/p\u003e \u003cp\u003eMath First, Emotion Second 183\u003c\/p\u003e \u003cp\u003eWhy You (Probably) Still Need a Financial Advisor 184\u003c\/p\u003e \u003cp\u003eKey Points 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Choosing an Advisor: Know What You Don’t Know 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou Are the Family CEO 191\u003c\/p\u003e \u003cp\u003eCore Principle: DUTY—Clients before Profits 193\u003c\/p\u003e \u003cp\u003eCore Principle: SAFEGUARDS 198\u003c\/p\u003e \u003cp\u003eCore Principle: PROFESSIONALISM 201\u003c\/p\u003e \u003cp\u003eDecoding your Advisor’s Answers 205\u003c\/p\u003e \u003cp\u003eAfter the Interview 215\u003c\/p\u003e \u003cp\u003eKey Points 217\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Fees and Ice Cream: Baskin-Robbins Got It Right, Why Can’t We? 219\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChocolate and Vanilla 221\u003c\/p\u003e \u003cp\u003eBaskin-Robbins 31 3 Flavors? 223\u003c\/p\u003e \u003cp\u003eKey Pricing Ingredients (Building a Custom Sundae) 227\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Change the Game 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Wait? 240\u003c\/p\u003e \u003cp\u003eAfterword: Advisors in Perspective 243\u003c\/p\u003e \u003cp\u003eAbout the Author 247\u003c\/p\u003e \u003cp\u003eIndex 249\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49528835113303,"sku":"9781118700730","price":27.89,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118700730.jpg?v=1731873207","url":"https:\/\/bookcurl.com\/products\/get-wise-to-your-advisor-9781118700730","provider":"Book Curl","version":"1.0","type":"link"}