Why you should fire your broker or financial advisor by David C. Arena The recent bear market should have opened the eyes of investors, making them realize that you can't possibly think someone else, such as a financial advisor or broker can care more about your financial situation than you do. Now that investors have lost in some cases over 80% of their retirement accounts, all that these so called “advisors” can do is put their hands up in the air and say I was wrong. That is simply not go.