If best investments for accredited investors want to to invest your money there are several investment opportunities available. An investment adviser will guide you in taking the right investment decision. They analyze all risk factors before they invest your cash on the market. However, not all people need an investment adviser. Here are a few reasons why you should not hire an investment adviser:
a) Most investment adviser claim to multiply the amount of money you invest with them. This can be true occasionally but not always. Investment advisers know about the market conditions and may get you the required return in a specific month. However, it really is difficult for adviser to get you high returns every month. Most people who use an adviser get access to internet. They can make use of the free advice on the web and invest their savings after studying the professionals and cons of investment.
b) You may also read investment and money management books to obtain info on the investment possibilities on the market. Books and newspapers are great source of information for those who are looking to invest in the market. You can also get information from personal finance blogs offering free information. These sites help you know very well what people do to earn high return on the investment.
c) If you have a complex investment problem then adviser could be of great help. However, when you are starting fresh and seeking to invest money hiring a financial adviser can be expensive. Most advisers earn money from companies they invest with. They're usually paid a fee or a commission by investment companies. It really is in your interest to invest your money through a fee based adviser as they will undoubtedly be completely honest with you. They do not get financial incentives from investment companies and will try to maximize your profit.
So next time you approach an investment adviser, make certain it is absolutely necessary.