Delbar Jahanian, CMFC

I have been seeing Delbar for six years. She exemplifies the best professionalism while looking out for my best interest and striving to achieve my financial goals. I would recommend my friends and colleagues to her anytime for financial and investment advice for short term and long term planning.

I was pretty dysfunctional about money, but I have a healthier relationship with money since working with Delbar. I’m nearing retirement but caring for a terminally ill mother, the recent economic catastrophe, and other set backs had driven up our debt and put us in deficit spending. I was fearful of facing our financial situation and embarrassed about it. Delbar took a practical non-​judgmental approach, got us working toward practical goals, and now we are on good footing. She diversified my 401K and SEP-​IRA investments further to reduce risk, and they have shown a very satisfactory growth for these times. I find Delbar to be patient, supportive, and helpful. She genuinely wants us not only to be solvent and debt free, but also to enjoy life.

I have never written a review on Unilocal before. However, I am forced to write this as the financial adviser who we interacted from Waddell & Reed was not totally worth our time.
So. Here it goes!
We were planning on hiring a financial adviser for a long time and zeroed on Delbar as one of our realtors advised us. We went there and the very first day, she walked us through the entire plan and told us that she can help us and it is the right time for us to start with our financial planning. At the first meeting itself, she asked us to pay her fee. I was a little bit surprised as this was our first meeting and she was doing the sales pitch without even letting us think. Ok, we thought may be she is aggressive and as we were anyway planning on hiring someone for a long time, we agreed to hire her.
The next, she goes through the entire documentation and says, I am not going to go crazy like other financial advisers and make money for you. Instead, I will do the things which are normal and will help you long term. We were like, OK. let us give her a chance. Now, after looking at all the options, she proposes us the insurance plan by threatening us that one of us can die or fall sick for more than 30 minutes. Neither of us are in our 30’s yet and she tells us all of this. Towards the end, she starts saying that I can only help you with your taxes which is again a basic change. Every meeting we had with her, she would ask us to sign an acknowledgement letter that she has done her job right. If she is sitting in front of us, we can’t even right the correct comments as we wanted to give her chance to improve and help us out the next time.
To conclude, It was so hard for us to find out that inspite of knowing our current financial situation and everything, she misguided us that she can help us get our long term gains and. She never mentioned anything worthwhile during our 2 to 3 meetings and we were surprised that she represents Waddell & Reed which is one of the most respected firms. We were so disappointed that we decided that this will be our last appointment with any financial adviser.