Its like having the plumber review your will or your priest doing your taxes. Investors should always consider the source of the information they receive, whether it is a magazine, newspaper, friend or financial advisor. Newspapers and magazines don't print disclaimers about their contributing writers that say whether the person has an ax to grind or not. Some writers are aggressive traders, recommending stocks that they would buy and sell in one day. One writer is almost always negative on the market - he has a money market newsletter he wants to sell.
Many financial advisors work for only one company, so they offer only that company's products.
A good Wall Street brokerage can offer any investment - stocks, bonds, funds, insurance, CD's, annuities, etc. In this way an advisor can put the needs of the investor first. If he has done a good financial plan for you, he should be recommending investments that fit into that plan. No warranty or guarantee is given regarding the accuracy, reliability, veracity, or completeness of the information provided here or by following links from this page, and under no circumstances will the author or service provider be liable for any loss including but not limited to direct, indirect, incidental, special or consequential damages caused by using the information, or as a result of the risks inherent in the stock market. The information contained herein is based on sources we believe reliable, but its accuracy is not guaranteed.