What Type of Financial Advisor is Right for You?

Retirement Talk Podcast with Laura Stover

English - April 29, 2021 16:44 - 28 minutes - 39.2 MB - ★★★★ - 38 ratings
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Previous Episode: 5 Easy Ways to Protect Your Retirement Savings From Taxes

Next Episode: How to Retire Early

Your investments into retirement are a valuable and irreplaceable commodity that will impact the rest of your life—do you know the person you’re leaving that responsibility with?

Understanding which financial advisor is right for you is one thing that most investors don’t realize they need to do. If your financial advisor isn’t getting to know you or your unique situation, it’s time to start asking questions.

In today’s episode, we’re discussing what misrepresentation of a financial advisor looks like in the finance industry, sharing the questions you should be asking, and walking through our personalized Redefining Wealth Process at LS Wealth Management.

Review the article mentioned in today’s show >>

Show Notes

Intro (:00 – :49)

Catfishing in the Financial Profession (1:09)

Finding a Financial Advisor that Works for You (2:01)

Questions to Consider When Deciding Who Is Right for You (3:51)

Sales Person vs.. Financial Advisor (5:00)

Allegiance to Investment Firms (8:00)

Fiduciaries (8:26)

Suitable/Suitability (8:47)

Example of Irrevocable Investment by A Captive Company (9:17)

Scalpel vs. Meat Cleaver Example (11:53)