You need to be aware of conflicts of interest when it comes to hiring a new financial advisor. We all have conflicts of interest in one way or another, even myself at Financial Enhancement Group. Any time someone is going to benefit from the advice they are giving you, they need to acknowledge it and demonstrate how it still benefits you. The value you are getting should supersede any money you are spending. Since only about 10% of the United States work with a fiduciary, most people are faced with someone who is only looking to sell something. When separating from your job you need to be aware of all the options for your 401(k). Just because you can do something with your 401(k) when you leave does not mean you should. There are lots of factors that need to be taken into consideration.

 

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