Do we need professional advisors? Yes, more than ever. We may need different kinds of specialized advice at different times. And we will have to be thoughtful about what, who, and when we make the selections. Here some important criteria for choosing your professional advisors. You may want and need: A financial advisor. The term makes it sound like they…
My new web site is a demonstration of how I am living my professional life, wearing more than one hat and working with more than one client base. Times have changed. I like to think of myself as part of the leading wave. Many of us grew up at a time when one college major, one first job, one employer,…
Most of us now in or thinking about our “retirement years”, whether we’re still working full or part time or not, grew up with a 4 stage life model: 1. Childhood 2. Education 3. Work and Family 4. Retirement What has changed? “Retirement” has developed multiple forms and there is no one way to do it, much less do it…
My new book, How Do I Get There From Here? is due out in August from the American Management Association (AMACOM, publisher). In it I cite Financial Literacy and the importance of being able to work with a great financial advisor, as key competencies in the New Normal. I recently attended a Financial Literacy Day conference arranged and sponsored by the…
I recently interviewed an experienced financial planner to discuss how financial planning and the advice people need has changed in The New Normal. George: What was your work like when you first came into the Financial Services industry? Financial Planner: It used to be so much simpler in the Old Normal when the norm for my clients was to predictably…
….it depends on how you define The New Normal and what your discontinuous future holds in store for you. “The road that we’ve been on for such a long time, the so-called ‘new normal,’ is coming to an end, because it’s being eaten up by its own contradictions,” said Mohamed El-Erian, during an interview on Bloomberg TV. Mr. El-Erian is…
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