I’m thinking about getting a financial advisor. Does anybody here have assets under with a financial advisor. Any recommendations. Specifically advisors who work with US expats. I’m not looking to invest in Taiwan, everything is in a brokerage account at Fidelity. I’ve already reached out to Creative Planning and have a meeting with them tomorrow night. I’m just looking for others to consider.
why lol
they dont know anything. will just use your money as “training”
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financial advisors provide emotional handholding, and can serve as a neutral decision maker among family disputes. for someone coming from 100% cash under the mattress, a financial advisor is worth it. They have their place.
if you are a passive index fund investor then sure, advisors are a waste
if your goal is to beat the S&P500, then private banks are the way to go, not financial advisors
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because i don’t want to. I’ve already have some investment in Taiwan, the rest I’m keeping in the states.
I cant go private bank because I don’t live in the USA anymore.
HSBC Taiwan or DBS
Cathay United and E.Sun also have sizable offerings
US$100k in Taiwan for financial advisor; but usually need US$1 million for the good stuff
not interested in dealing with taiwan banking. Thanks
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The feeling is mutual. Once they see your U.S. passport it’s hasta la vista.
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What are you looking for out of a financial advisor? Better returns than the market? Peace of mind? Someone to talk to? Extra benefits?
0-10m USD - put it in an index fund like VT / VTI / QQQ
10m+ investable assets you can look at Fidelity private wealth management, JP Morgan private bank, etc.
If you just need someone to talk to, many brokerages offer it for free, i.e. Fidelity wealth services starts at ~500k AUM
I think you should stick to ETFs since their returns are hard to beat, or you can use a wealth manager if you need some special benefits such as better loan rates
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Rly??? Wow
JP Morgan private bank gets you a special JP Morgan Reserve credit card advertised to have “unlimited credit” for example
oh… 
I can’t use those services because I’m not residing in the USA.
If funds are stateside, not sure if these guys are able to help, a friend in the US uses them to manage his money
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I’d be shocked if you had difficulty working with private bankers most anywhere if you have sufficient assets.
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No preset spending limit, which is not the same as unlimited credit. Amex plat and above does the same.
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Business Gold as well
I’ve been told by numerous banks and even even Fidelity that they can’t help me with any financial advice. I can use Fidelity as a brokerage firm, but they won’t sign me for account management. Once banks know I have no residency in the USA they won’t talk to me anymore.
However, I’m intrigued. What exactly would a private bank be able to do for me if they were to take my account?
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