A while back my husband and I took our daughter to our financial adviser to help her set up some funds and invest for her future. My daughter asked the adviser about our financial situation and the adviser told her 'You do not ever have to worry about them' This made me mad, first of all it was none of my daughters business
First, I think it was a very loving thing your husband did by taking her to a financial adviser. I hope your daughter was able to glean some good information.I do not think the adviser thought she was doing any harm, she probably thought this was a concerned daughter for her parents future.. We will be having a meeting with our adviser and will be discussing this.
Now, for the part of your adviser responding to your daughters question and this only my opinion, I think the adviser should have told her "I cannot discuss this with you. If you have questions about your parents finances you will need to ask them". I don't care if the adviser thought she was just asking out of concern. For me, it comes down to what is ethical in business practices and what the adviser said was not ethical.
Also, why did your daughter ask the adviser this and not you or your husband as she should have?
I'm glad that you will be discussing the matter with your adviser.
This is a very wise statement!!!I have no business in her business and I truly do not want to be in her business.
Oh Newstart, I admire you in this regard. I need to try and be more patient in listening to my son.Today I worked on my patience while she talked non stop about politics. She is the expert, she has the deepest inside information to what is happening
I'm glad your daughter paid you what she owes you. I agree that she may have sensed things were changing.
I hope she continues on with taking more responsibility for herself. You are wise to keep your guard up. I know with my son, he can show he's "trying" for several months but then he will slip back into his old patterns. I would have to see consistent change for a couple of years before I would believe he's really "changed".
You are doing great Newstart. You have grown and gained so much strength.