Mistaking a Salesman for a Financial Advisor – Podcast #104
Fallen prey to the tricks of a financial salesman? Here's how to fix the mistakes these "advisors" have left you with and get your finances back on track.
Many high-income professionals are unsure if they need a financial advisor, and even if they know they need one, they may be so afraid of hiring the wrong one that they end up doing nothing. But most people will benefit from getting at least a little help from an outside expert.
Fallen prey to the tricks of a financial salesman? Here's how to fix the mistakes these "advisors" have left you with and get your finances back on track.
This guest read Form ADV 2 public disclosure documents for 53 investment advisory firms. What he found is very revealing and can save you a lot of money.
If you're making money, you need a financial plan in place. Know when to hire a financial planner or to do it yourself. Also talking foreign retirement, benefits & job hunting, Repaye vs Paye for PSLF and lots more!
When you know a financial advisor is giving you crummy advice, how do you break up with them? Also talking about running a dental practice,REITs, and more!
Do the math to ensure you are getting the best financial advice at a fair price.
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Think your advisor has your best interest in mind? Brokerages, insurance companies, and banks are often looking out for themselves first and the client last. Here are 5 reasons to choose a fee-only advisor over the "other guys".
Interview with Sarah Catherine Gutierrez founder of Aptus Financial. We discuss mistakes doc's make with their financial plan (even the DIY guys), differences in how advisors get paid and conflicts of interest with each, the future of financial advising, and lots more!
Rabid DIYers think advisors can't add any value. Some advisors think everybody needs one. The truth lies somewhere in the middle.
In today's podcast, I explain how and why to get a second opinion on your financial plan, keeping equity and speculative deals in taxable accounts, and answers to lots of reader questions.
A second opinion is perhaps the most underutilized financial planning technique among high-income professionals. There is little downside and all kinds of upsides.
A doctor tried out Personal Capital, comparing it to his index fund portfolio at Vanguard. Here is what he found.
There are few winners in any lawsuit. But that doesn't mean the rest of us can't learn something from them.
Betterment raised fees this year for large accounts. Now Wealthfront's "Direct Indexing" feature gives it the edge in the roboadvisor space.
When choosing a financial advisor, you need to review the Form ADV. In this post, Johanna Turner explains where to find it how and how to read it.
Roboadvisors have their pluses and minuses. Financial Advisor Tim Baker and I explain some of the minuses. But the pluses are still pretty big.
Medical school may not have taught you about money, but we will.
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