NEVER Ask Your Barber if You Need a Haircut

NEVER Ask Your Barber if You Need a Haircut

From The Economist. Advise from Warren Buffett: Never ask your barber if you need a haircut.  In this case Buttonwood looks at the financial advise provided to individuals by advisors who receive commissions and those who operate on a fee-only basis and there can be more impartial in their analysis.  Have a look.  Buttonwood’s Notebook

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THIS INFORMATION IS AS GENERIC AS POSSIBLE; NEVERTHELESS, INDIVIDUALS SHOULD CONSULT US OR THEIR OWN INVESTMENT COUNSEL REGARDING PERSONAL CIRCUMSTANCES PRIOR TO ACTING.

Anchor operates on a fee-only basis: financial planning services are offered for a quoted price and investment management services are recognized as a percent of assets under management.