Three Legit Reasons to Break Up With Your Financial Adviser (and How to Do It)

This financial adviser notes that there are more than a few bad advisers and more than three reasons to give them the boot, but these are valid reasons he often sees.

A couple look worried as they look at a tablet their financial adviser is showing them.
(Image credit: Getty Images)

It’s hard to believe that it’s been almost 30 years since Jerry broke up with Gillian on Seinfeld because of her “man hands.” This continued a central theme of the show: Jerry simply could not find anyone without deal-breaking faults.

There was a time in my career when I’d get excited about a “Jerry” coming into the office. Sure, they have had three financial advisers in just as many years, but this time would be different… Fast-forward to today, I’m hopeful to weed out those folks who probably should have never hired an adviser in the first place.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Evan T. Beach, CFP®, AWMA®
President, Exit 59 Advisory

After graduating from the University of Delaware and Georgetown University, I pursued a career in financial planning. At age 26, I earned my CERTIFIED FINANCIAL PLANNER™ certification.  I also hold the IRS Enrolled Agent license, which allows for a unique approach to planning that can be beneficial to retirees and those selling their businesses, who are eager to minimize lifetime taxes and maximize income.