Financial Markets: On Financial Advisors

By: Ian Campbell | Thu, Oct 4, 2012
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On my continuous point of taking a large (for many people I am sure 'greater') role in making investing decisions with respect to your own capital, some time ago a reader took the time to send me a thoughtful e-mail setting out his general views on interacting with investment advisors.

In essence he expressed the view that knowledgeable investors should be encouraged to have specific discussions with their advisors to determine how much those advisors really understand about the various aspects of gold and silver investments, both as insurance and, in the case of mining stocks, as investments (read equity investments generally).

This continues to make sense, and does so well beyond gold and silver investments and trades. Simply put, the more you know, the better position you are in to determine how knowledgeable your investment advisor is - and hence how valuable to you the advice you receive from him/her is to you.

If at any time you are not confident and satisfied in your assessment of your investment advisor's level of knowledge, you ought to find an investment advisor whose knowledge base is at a level you are satisfied with. By not continuously making such 'investor advisor assessments' you do yourself a disservice.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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