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Financial Advisers in London.

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12-30-2009 , 12:12 PM

ISO

old hand

Join Date: May 2008 Posts: 1,715

I play poker full-time and am wanting to invest somewhere in the region of £5-10k in various avenues. Im moving to London in the coming month for 1 yr and am hoping someone will be able to recommend a financial adviser who has:

a) Some experience of dealing with poker players investments

OR

b) Is just sick good at investments and offers reasonable rates.

Thanks in advance

JP

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12-30-2009 , 12:33 PM

philnewall

veteran

Join Date: Apr 2003 Posts: 2,273

Doing it yourself is the way to go IMO. Your typical advisor will do very little work setting you up, and will then collect ~1% of assets off you in perpetuity. I'd suggest you start reading some books, I like the ones here:

http://www.bogleheads.org/readbooks.htm

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12-30-2009 , 01:36 PM

rwdvc

grinder

Join Date: Aug 2007 Posts: 417

Quote:

Originally Posted by ISO

With that amount of money I would recommend just investing on some ETFs and calling it a day. It probably isn't worth getting a financial advisor until you have a few hundred K to invest. As a disclosure I'm an ex financial advisor. From the financial advisor's standpoint there is really no money to be made off of you and thus no reason to keep tabs on your investments. Just buy a mix of ETFs and plan on holding them for at least 5 years imo.

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12-30-2009 , 03:44 PM

ISO

old hand

Join Date: May 2008 Posts: 1,715

cheers guys good points.

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