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How Good is Your Financial Advisor?

Between multiple asset classes, as well as thousands of stocks and ETFs, investors have never had more options for their portfolios, making financial advisors more important than ever.

This raises two important questions for investors:

1. How do you really know if your financial advisor is any good?

2. Where do you find an upgrade if they aren’t?

Rainbook’s Advisor Analyzer is the solution, a free platform that:

1. Evaluates your financial advisor on six factors (Portfolio Performance, Fees, Engagement, Credentials, Statements, Alternatives)

2. Compares your returns to their benchmarks

3. Breaks down how much you are actually paying in fees to help you make more informed decisions with your investments

If you aren’t satisfied with your advisor’s performance, Rainbook can also pair you with a new advisor more aligned with your investing goals, to ensure your financial health is taken care of.

NOTABLE SALE
$4,300,000 DEAL BY RAP SUPERSTAR

MARKET: Woodland Hills
ASSET TYPE: Single Family
SALE PRICE: $4,300,000

NEWS
HOW A DEVELOPER’S COULD DERAIL L.A’s HOMELESS HOUSING PLAN

ARTICLE TLDR

• LA Housing Downturn

Shangri-La Industries, a downtown L.A. developer, has defaulted on $41.3 million in loans for seven hotels that were part of Project Homekey, a state program to convert hotels into homeless housing. The properties could face foreclosure and sale, putting the homeless residents at risk of losing their homes.

NEWS
BONO’S HOLLYWOOD HILLS MANSION: A ROCK STAR’S DREAM HOME

• Bono is coming to LA

Bono, the frontman of U2, is reportedly investing in a stunning mansion in the Hollywood Hills, designed by renowned architect Noah Walker. The rock star has close ties to the developer, Plus Development Group, and has been spotted at the construction site. The mansion is near the Californication House, another celebrity home developed by top agents. Bono’s representative and Walker’s office did not comment on the deal, according to The Hollywood Reporter.

NEWS
ZEDD BUYS NORDIC-INSPIRED MANSION FOR $18.4 M

• Bono is coming to LA

Zedd, the DJ and music producer, has splurged on a Nordic-inspired mansion in Encino, L.A. The property, named Odin, has a wine cellar, a pool, a spa, and more. It was designed by Noah Walker and built by Plus Development Group, which has ties to Zedd. This is Zedd’s second home in Encino.