By Chuck Jaffe
John Wiley & Sons
2010
All of the books in my Recommended Reading list (in the right hand menu) are books I recommend. Unfortunately, this one doesn't make the cut.
On the plus side, Jaffe lists several important questions everyone should ask an adviser they are considering working with. What are your qualifications? Who is your typical client? How do you charge for your services? Can I have some references? What makes me the kind of client you'd like to work with? How often will I hear from you?
However, the bulk of the book is a rehash of these same points in chapters on finding a broker, an insurance agent, a real estate agent, an accountant, a lawyer... you get the picture. 7 of the 15 chapters are almost identical.
The book does a good job of encouraging people to take time and care in selecting an adviser, but there are plenty of web sites offering the same information for free. A simple google search on "finding financial adviser" yields plenty of useful results.
My financial advice here? Save your $20.
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