Expert Q&A
What kind of reporting can I expect from a financial advisor about my accounts and how often?
Related Topics: Investments, Retirement Planning, Financial Planning
Related Tags: Financial Advisor
Online information is available 24/7, formal reporting is usually done quarterly.
This all depends on the advisor. Generally you will receive monthly statements from the custodian, a more in depth report when you meet with the advisor and access to the accounts daily thru the custodian or advisor web portal.
Reporting can range from once a month, (insurance companies), to once a quarter, (most investment companies and mutual funds), to once a year, (bank Certificate of Deposits accounts).


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