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seeking financial advisor

This question has been asked twice on the Glocals forum in the past few years but there have been no answers, so I'll hope the third time is the lucky one. I'm looking for recommendations for an independent advisor who doesn't charge and arm and a leg for his/her services. Thank you in advance.

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This question has been asked twice on the Glocals forum in the past few years but there have been no answers, so I'll hope the third time is the lucky one. I'm looking for recommendations for an independent advisor who doesn't charge and arm and a leg for his/her services. Thank you in advance.


eveyansasJun 21, 2013 @ 10:18
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Re: seeking financial advisor
Post 1

hi, is it motgage advice/3rd pillar you are looking for?

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hi, is it motgage advice/3rd pillar you are looking for?


Lynn M, Jun 21, 2013 @ 11:19
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Post 2

Getting good advice for free?


If it is general advice, forums can be a good place.


If your needs are specific, you need an expert who in most cases wants to get paid. Either you pay him, of he earns his share by commissions (which in most cases lowers the quality and variety of information/suggestions you get).

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Getting good advice for free?


If it is general advice, forums can be a good place.


If your needs are specific, you need an expert who in most cases wants to get paid. Either you pay him, of he earns his share by commissions (which in most cases lowers the quality and variety of information/suggestions you get).


Alan S, Jun 21, 2013 @ 13:06
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Post 3

No. Concerns a possible payout of my Swiss pension (ie, whether I should take the payout or leave the funds where they are) and investment advice.

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No. Concerns a possible payout of my Swiss pension (ie, whether I should take the payout or leave the funds where they are) and investment advice.


eveyansas, Jun 21, 2013 @ 14:27
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Post 4

Alan, of course I'm not looking to get advice for free. I don't see that it should involve commissions, either, though. I mean, I would think there must be independent advisors who can present options to investors or people in my situation, which is deciding whether to take my pension money now that I am becoming an independent instead of a salaried employee, on what is the smartest thing to do with money and who take an hourly fee rather than a commission.


 

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Alan, of course I'm not looking to get advice for free. I don't see that it should involve commissions, either, though. I mean, I would think there must be independent advisors who can present options to investors or people in my situation, which is deciding whether to take my pension money now that I am becoming an independent instead of a salaried employee, on what is the smartest thing to do with money and who take an hourly fee rather than a commission.


 


eveyansas, Jun 21, 2013 @ 14:28
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Post 5

Hi, I am always vary of taking money out of pensions as a) you will have to rebuild this capital b) you are then not covered/ have lower coverage in case of long term disability/ death. You probably need to work out what type of company you are going to set up and would a loan be a better option...would the interest be tax deductible? I wonder if a small fiduciare would be the best option. I have friends that use this one, and say he is very good and sensible, and not expensive, and could later help with your accounting.


IMCN Fiduciare


Claudio Notaro 022 757 6229

The text you are quoting:

Hi, I am always vary of taking money out of pensions as a) you will have to rebuild this capital b) you are then not covered/ have lower coverage in case of long term disability/ death. You probably need to work out what type of company you are going to set up and would a loan be a better option...would the interest be tax deductible? I wonder if a small fiduciare would be the best option. I have friends that use this one, and say he is very good and sensible, and not expensive, and could later help with your accounting.


IMCN Fiduciare


Claudio Notaro 022 757 6229


Lynn M, Jun 21, 2013 @ 15:18
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Post 6

I can highly recommend


Oliver Maher at


www.fundadviserswm.com


-

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I can highly recommend


Oliver Maher at


www.fundadviserswm.com


-


Elin Larsen , Jun 21, 2013 @ 15:30
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Post 7

Hi - i would not normally post my company on here but the company i work for provide information in regards to swiss pensions and investments, it is free for a consultation, let me know if you want more information.


heres the website: www.liberty-wealth.com


and my number is: 022 341 3422.


Best, Cindy.

The text you are quoting:

Hi - i would not normally post my company on here but the company i work for provide information in regards to swiss pensions and investments, it is free for a consultation, let me know if you want more information.


heres the website: www.liberty-wealth.com


and my number is: 022 341 3422.


Best, Cindy.


Cindy L, Jun 21, 2013 @ 16:02
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Post 8

Thanks to everyone - I appreciate the help and recommendations!

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Thanks to everyone - I appreciate the help and recommendations!


eveyansas, Jun 21, 2013 @ 17:00
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Post 9

Hello


I trust this guy : 


David sarfati : http://www.swissmarketanalysts.com/


 

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Hello


I trust this guy : 


David sarfati : http://www.swissmarketanalysts.com/


 


Tryky, Jun 21, 2013 @ 17:24
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Post 10

I have inboxed you a guy who can help.

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I have inboxed you a guy who can help.


Marcy S, Jun 21, 2013 @ 21:48
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Post 11

Any further thoughts on this, 1 year later on. Im in the market to move away from the people I currently use. 


 


Thanks


Guy

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Any further thoughts on this, 1 year later on. Im in the market to move away from the people I currently use. 


 


Thanks


Guy


whiteguy, Jun 5, 2014 @ 13:10
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Re: seeking financial advisor
Post 12

Hi all,


 


I am not making a financial advisor recommendation but instead an action plan you should consider prior to seeking financial advice;


Try to have some understanding of the subject you are looking for advice on. For example, if it is investments then there are ways to reduce risk. See the following for further info...


http://www.liberty-wealth.com/news/understanding-and-benefiting-from-risk-869.html


By being informed you have a much better chance of getting exactly what you want.


Costs. If something appears cheap then is it really good value or are there hidden costs. Ask. Look at the long term returns vs what is claimed - not ideal but better than nothing.


Forums can help but they can also be full of misinformation (probably totally unintentional on the poster's behalf). Be careful of advice and recommendations. Do your own homework.


Be realistic. If you are advised that you can get 15% p.a. returns walk away. More sensible long term investment returns would be 5-10% p.a. The higher the expected return the higher the volatility/risk. Same applies to other areas e.g. if you're advised from the majority of sources you require 20% deposit for a property loan and a company offers you an option to only have 5% be very sceptical.  


Key question. Ask yourself what's in it for the other party? If it is all clearly explained you should see where the benefits are for all concerned. Ultimately, all should prosper not just you and not just your advisor.


 


If there is any specific subject matter you are looking for advice on let me know. I cannot guarantee anything but I may be able to help you on your search.


Good luck,


 

The text you are quoting:

Hi all,


 


I am not making a financial advisor recommendation but instead an action plan you should consider prior to seeking financial advice;


Try to have some understanding of the subject you are looking for advice on. For example, if it is investments then there are ways to reduce risk. See the following for further info...


http://www.liberty-wealth.com/news/understanding-and-benefiting-from-risk-869.html


By being informed you have a much better chance of getting exactly what you want.


Costs. If something appears cheap then is it really good value or are there hidden costs. Ask. Look at the long term returns vs what is claimed - not ideal but better than nothing.


Forums can help but they can also be full of misinformation (probably totally unintentional on the poster's behalf). Be careful of advice and recommendations. Do your own homework.


Be realistic. If you are advised that you can get 15% p.a. returns walk away. More sensible long term investment returns would be 5-10% p.a. The higher the expected return the higher the volatility/risk. Same applies to other areas e.g. if you're advised from the majority of sources you require 20% deposit for a property loan and a company offers you an option to only have 5% be very sceptical.  


Key question. Ask yourself what's in it for the other party? If it is all clearly explained you should see where the benefits are for all concerned. Ultimately, all should prosper not just you and not just your advisor.


 


If there is any specific subject matter you are looking for advice on let me know. I cannot guarantee anything but I may be able to help you on your search.


Good luck,


 


Don M, Jun 9, 2014 @ 18:10
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Re: seeking financial advisor
Post 13

Any pension withdrawal costs you, as it is taxed.  However the tax rate is lower than actually taking a pension which is taxed at normal income tax rates.

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Any pension withdrawal costs you, as it is taxed.  However the tax rate is lower than actually taking a pension which is taxed at normal income tax rates.


Marcus T, Jun 10, 2014 @ 02:02
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Post 14

Not all pension withdrawals are the same. Sometimes one can take a pension early, other times one can't. There are also ways to reduce the tax paid when withdrawing the pension.

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Not all pension withdrawals are the same. Sometimes one can take a pension early, other times one can't. There are also ways to reduce the tax paid when withdrawing the pension.


Don M, Jun 10, 2014 @ 20:53
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Re: seeking financial advisor
Post 15

Do not go to deVere's - they are a bunch of crooks! 


 

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Do not go to deVere's - they are a bunch of crooks! 


 


Feliz_S, Jun 11, 2014 @ 15:32
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Post 16

... and do not go to Guardian Wealth Management - they are real sharks.


 

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... and do not go to Guardian Wealth Management - they are real sharks.


 


just_me, Jun 11, 2014 @ 15:52
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Post 17

best financial advice ever : Spend the money. Laughing

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best financial advice ever : Spend the money. Laughing


Tryky, Jun 11, 2014 @ 16:48
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Re: seeking financial advisor
Post 18

This question has been asked twice on the Glocals forum in the past few years but there have been no answers, so I'll hope the third time is the lucky one. I'm looking for recommendations for an independent advisor who doesn't charge and arm and a leg for his/her services. Thank you in advance.


Jun 21, 13 10:18

Hi there, try Nadia Charfadi at UBS Petit Saconnex. No need to pay an arm and a leg to see some private advisor. Just go to a bank where they have accredited wealth specialists, like Nadia. She speaks fluent English, French and Italian.

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Hi there, try Nadia Charfadi at UBS Petit Saconnex. No need to pay an arm and a leg to see some private advisor. Just go to a bank where they have accredited wealth specialists, like Nadia. She speaks fluent English, French and Italian.


KirkH, Jun 13, 2014 @ 14:09
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Post 19

The issue with using the banks is that they typically offer tied advise (this shouldn't apply if you have multi millions to invest). Therefore, UBS will use UBS or affiliated investments. It's definitely better than nothing but it can severly limit the advice you get. Afterall, if BCGe offer a better solution a UBS advisor will not tell you.


The best route is to search out independent advice. If you really want to use your bank speak to them and an independent advisor, compare and contrast the advice and make an informed decision.

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The issue with using the banks is that they typically offer tied advise (this shouldn't apply if you have multi millions to invest). Therefore, UBS will use UBS or affiliated investments. It's definitely better than nothing but it can severly limit the advice you get. Afterall, if BCGe offer a better solution a UBS advisor will not tell you.


The best route is to search out independent advice. If you really want to use your bank speak to them and an independent advisor, compare and contrast the advice and make an informed decision.


Don M, Jun 14, 2014 @ 12:16
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Post 20

This could be a useful website to look for an advisor, at least they appear to be registered under the Swiss Fiduciary Association and would seem legitimate; in the members section you can search by canton and language.  You´d still have to call and get some quotes for advice sessions, service fees, etc.  I used this website to find someone (not in Geneva, though). 


http://www.treuhandsuisse.ch/xml_1/Internet/en/application/f37.cfm

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This could be a useful website to look for an advisor, at least they appear to be registered under the Swiss Fiduciary Association and would seem legitimate; in the members section you can search by canton and language.  You´d still have to call and get some quotes for advice sessions, service fees, etc.  I used this website to find someone (not in Geneva, though). 


http://www.treuhandsuisse.ch/xml_1/Internet/en/application/f37.cfm


J. F, Jun 22, 2014 @ 20:51
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Post 21

bumping this thread. . .  If anyone has a recommendation for an advisor experienced with U.S. expats, would love to hear.  I'm looking for investment and tax advice (the latter being less important).  Thanks!

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bumping this thread. . .  If anyone has a recommendation for an advisor experienced with U.S. expats, would love to hear.  I'm looking for investment and tax advice (the latter being less important).  Thanks!


Susie R, Aug 28, 2014 @ 15:49
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