What Your Financial Advisor Isn't Telling You

Starred review from October 26, 2015
Davidson, founder and CEO of Financial Finesse, a financial education company, provides an informative, easy-to-understand guide to what to look for when contemplating financial options. Offering cautionary stories of inexperienced financial planners and investors, she warns that financial advisors often fail to share important information with clients. To remedy that, she gives research-based advice on 10 topics. One is to take advantage of the greatest financial resource available to many people, namely employer-provided services: matching 401(k) funds, free legal services, and health insurance, among others. She includes an invaluable chart that lists different benefits, covering how they work, how to maximize them, and the estimated value of each. She also explores paying off debt, avoiding bad advisors, choosing mutual funds, and recognizing the hidden cost of taxes. Elsewhere, Davidson examines the effects that life partners have on financial security and provides a step-by-step guide to increasing your wealth. She closes with a handy checklist to getting debt-free and financially independent. Accessible and practical, this guide contains valuable tools for managing one’s personal finances for maximum results. Agent: Adam Chromy, Movable Type Management.