Listen to The ETF Store Show every Saturday at 4pm on KCMO Talk Radio 710AM as we cover everything you need to know about Exchange Traded Funds and the world of investing.
On our most recent radio broadcast, we explained why you should consider consolidating all of your investment accounts under one roof if you have accounts with multiple firms or advisors. While this strategy can make sense in some cases, particularly for high net worth investors, it can be a huge detriment for the majority of people. Chief among the many concerns of this approach is a lack of an overall investment plan. It can be extremely difficult to have a well-rounded, properly diversified portfolio if you have too many cooks in the kitchen. And this is to say nothing of the various fees, mess of statements, multiple account logins, and various calls from advisors that come with this “strategy”.
If you’re someone who has investment accounts scattered across town, it’s time to round them up and put a real investment plan in place. We explained how The ETF Store can help you do this by combining your investments under a single custodian (such as Charles Schwab) and implementing a customized investment strategy across all of your accounts, potentially with much lower costs (and fewer headaches) than you currently have. Listen to the full show here to learn more about why you should consider consolidating your investment accounts with one firm and how this could make tracking your investments so much easier.
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