I was wondering how many folks use financial advisors. I'm especially interested about those who have smaller amounts of money saved (comparatively speaking). I do have an advisor through a well known company. I wonder how these guys rate compared to other companies, and if this is even necessary (to have an advisor).
Back when I started to save, I went to an advisor and he really helped me. Back then, I had basically nothing saved and more than anything else - going to the advisor sort of made me accountable to someone else for how I was saving. I mean to say, we made agreements, about my budget, how much I would save, how the money would be invested, etc., so I felt that I needed to hold up my end of the deal in order to achieve the goal - and it really worked out great.
Now, I'm not so sure I need an advisor. Most of my funds these days are loaded, Class A - and because they are Class A - now it will be hard to get out of them, unless I start all over somewhere else, and move the money later.
Any thoughts or advice?