Finding an adviser


Q. I’m no money expert and, in line with your advice, would like to do better than take the safe or easy route by contributing to the L Fund that most closely matches my life expectancy. How do I go about finding a financial adviser who is familiar with the Thrift Savings Plan and government employees? What sort of questions should I be asking them, and can you ballpark the cost of such an adviser?

A. Your adviser should be:

1. Free from conflict on interest

2. Competent in the kind of work that needs to be done

3. Concerned with your success

4. Affordable. This means a Fee-Only, Registered Investment Advisor with experience in financial analysis for federal employees who charges no more than about 0.75 percent of your savings and investment assets per year.


About Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to and view his blog at

Leave A Reply