Combining Real Estate Expertise With Financial Advisor Is A Winning Combination
Combining Real Estate Expertise With Financial Advisor Is A Winning Combination I t is human nature to want to be right, particularly when it is your job to be the expert. That is one reason why financial advisors, individuals who have spent years studying and passing examinations to be allowed to consult people about their wealth, can be quick to minimize the role of real estate assets in a client’s portfolio. The average financial advisor receives little to no advanced education about real estate, be that about the market or how to manage real estate assets. Perhaps more importantly, such an advisor spends little to no time keeping up with the market or working in that space on a day-to-day basis. Real estate is not something that you can track casually; it is a fast-paced, highly nuanced industry. That is why financial advisor needing expertise across asset classes, which include real estate should make sure they have experts in real estate around to work with. But the way that is a...