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Financial Planning

My Search for a Financial Adviser

Despite being a money expert himself, Kiplinger editor Mark Solheim found the advice industry to be a labyrinth of credentials and opaque fee structures when he went looking for financial guidance from the pros.

My wife and I live in a 1,000-square-foot house in Washington, D.C. That's no typo. The house is tiny. We've thought about buying a bigger place, but we love our neighbors, the Metro is a 10-minute walk away, and we are across the street from a park. So a few years ago we started thinking about building an addition. We talked about it ... and talked ... and talked some more. I was in favor of financing it with a fat home-equity loan; the thought of taking on that debt made my wife cringe.

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