A Fancy Financial Adviser Title Does Not Ensure High Standards

From the New York Times

Most investors don’t realize that when they walk into a bank or brokerage firm branch, the representatives there are essentially free to emblazon their business cards with whatever titles they please — financial consultants, advisers, wealth managers, to name a few. But if you’re looking for someone who is qualified to give smart advice about all aspects of your financial life while keeping costs down, you may not be in the right place.

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This reminds me of advice that I read in a previous article on judging a financial advisor. Ask him or her about Series I Savings Bonds. If they know little about them or if they dismiss them, they probably don't have your best interest in mind.