Good friends are rare occurrence in life, you know the kind you can talk to about anything and they won’t judge or hold anything against you? If you have such friends you know what I’m talking about.
One of my good friends and I had dinner the other night and she shared a story with me about a conversation she had at work. Now this friend of mine is a kindhearted, down-to-earth kind of gal and she and I both work in the financial services industry. My friend was having an in-depth conversation about retirement planning with a co-worker and she asked if she had a financial advisor. The woman told her “that is a very personal question” and refused to discuss it any further. My friend was a bit stunned and quite honestly so am I.
I understand folks not wanting to discuss financial details such as salary or savings account balances, but what is it about having or not having a financial advisor that is such a sticky subject to discuss?
I found my advisor by asking close friends and colleagues who they use or would recommend and, through them, found an amazing person who cares not only about me and my family, but also about helping me reach my financial goals. I actually like him and the work we’ve done together so much that I want to talk to people about him and let them know how a financial advisor relationship should work. I want people to have the same experience with their advisors that I have with mine.
So what is it that I’m missing? Is it just the financial advisor end of the conversation or anything that has to do with money? Am I the odd man out in this conversation?