Financial Planning for the Less-than-Rich

Many Financial Advisors are only interested in customers that have a relatively large amount of investable assets. Some firms cater to the Rich or Super-Rich only and require an account balance of $ 5 million or more. But as the trend to fee-based advice gathers speed there are a number of alternatives evolving that will make it possible to get sound advice with a much smaller nest-egg. Pre-condition will be that the investor is able and willing to do a certain amount of self-education on matters financial. The old say that people spend hours choosing the next washing machine but hardly spend any time on important investment decisions should be a warning.