Finding a Financial planner wiht $80,000

Question: “I’m interested in finding a new financial planner. my current one has merged with another company and I suddenly feel like a small fish that thay are no longer interested in. Prior to the tariff drama, I had about $80,000 in my account. With that amount of money,is there a certain financial planning avenue I should pursue?”

First,have a conversation with your current adviser about your expectations. Let the adviser know how ofen you’d like to meet and what your hoping they can help you achieve. Just be sure to manage your expectations. “In all frankness, your $80,000 account is not going to have the creme de la creme of the advisory world battling each other to gain your favor,” says certified financial planner Craig Evans Carnick at Transform Wealth.

Have an issue with your financial adviser or looking for a new one? Email questions or concerns to picks@marketwatch.com.

If you decide to jump ship, know that it can be tough to find a financial adviser, especially given your funds. “Not all financial advisers are created the same and not all offer the same service. The right match depends on what goals you have for your money,” says certified financial planner Wheeler Pulliam at Xponify Financial. “Your story is not uncommon among the larger national firms or wire houses.Larger firms typically have quotas the financial adviser has to hit, and they are mostly involved in acquiring new assets, so the actual management of somebody who is already a client tends to take a back seat to the adviser trying to get new assets or new clients in the door.”

Another issue you might run into is that most firms have a minimum asset requirement for them to take you on as a client. “This minimum is really all over the board and the services vary depending on the minimum. Certain larger national firms will take you on as a client for $80,000 but you will not have a specific adviser assigned to you. on the flip side, many independent fi