It so happens I moved all my retirement $ to a new advisor in Dec 2025. I assume recent losses have nothing to do with this fact??
Hey everyone. I think I know the answer to this, but just need to ask...
It so happens that just three months ago, I decided transfer my entire investment portfolio balance from Vanguard (where I'd been managing/directing my mutual fund allocations, all on my own) over to a private advisor (whom another family member was already using, and liked a lot). I mainly did this so that the advisor could help me as I was preparing to officially retire and help me figure out withdrawals, tax strategy, etc.
At the start of 2026, I had almost $1.7M in total, in my accounts. As of today, my balance is almost $100k less. I assume that my being with a new advisor would not have negatively impacted my balance so much, and in such a short time, and that I'm just experiencing the same big market drops as everyone else?
Thanks.