Yes, I understand this to a small degree. And I know I need to get a portfolio started. Just not sure who to trust to get me started.
Ah well I’m happy to recommend Ameriprise Financial Advisors, tho I do suggest you choose one you find trustworthy after speaking in person with them.
One rule - never ever agree to a per trade fee or anything other than 1%-2% of total assets per year for all services (so called wrap fee). That pretty much ensures you will not be fleeced by your advisor (tho you may lose money in the market). To get started, go to www.investopaedia.com and read about investing 101 and retirement accts, like ROTH and traditional IRA. That way as you go see an investment advisor you’ll be relatively comfortable speaking about your options.
Index funds (such as S&P 500 index funds) are very cheap and conservative investments. When you get more comfortable and have built up reasonable portfolio (20-30k) you can start looking into allocations into more interesting things.