So I'm seriously considering firing my current financial advisor. Old story that many on this forum have probably already heard. Whole life insurance with annuities, etc, etc. The more I read the more I'm convinced that I need to find a new financial advisor who works on an hourly rate (or at least some form of payment other than selling me insurance products). My question is, how do you go about firing a financial advisor? I would obviously send written notification, but does it need to be some sort of legal document that clearly states they no longer have access to my financial data/accounts? Are they obligated to provide me closing records or to pass records to my new financial advisor the same way would have to send medical records to a new provider? Any advice you have on the best way to go about this greatly appreciated.
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