39: Do You Need a Financial Advisor?

<p class="p1"><span class="s1">“</span>I<span class="s1">’</span>d like to work with a financial advisor, but I just don<span class= "s1">’</span>t have enough money.”</p> <p class="p2"> </p> <p class="p1">Sound familiar? It<span class="s1">’</span>s a common objection when it comes to that all-important decision to get help in managing your money. But to this, Stephanie and Kevin have only this to say:</p> <p class="p2"> </p> <p class="p1"><span class="s1">“</span>But you have questions. Therefore, <em>you need answers</em>.”</p> <p class="p2"> </p> <p class="p3"><span class="s2">Remember, there are no one-size-fits-all strategies when it comes to money advice.</span> The most important first step is to figure out what you’re hoping an advisor can do for you.</p> <p class="p2"> </p> <p class="p1">Listen in as Stephanie and Kevin share the <em>three questions</em> you must answer if you<span class="s1">’</span>re considering hiring a financial advisor, the <em>real</em> value of having the right advisor, and what to do if your current advisor is unable to offer you the relevant information you need in your present circumstances.</p> <p class="p2"> </p> <p class="p1"><strong>Key Topics:</strong></p> <ul class="ul1"> <li class="li1">The three questions to ask if you<span class= "s1">’</span>re thinking of hiring a financial advisor (2:40)</li> <li class="li1"><span class="s1">“</span>What are you hoping an advisor could do for you?” (5:10)</li> <li class="li1"><span class="s1">“</span>I don<span class= "s1">’</span>t help people save money. I help people <em>spend money</em>.” (7:02)</li> <li class="li1">Why you should ask your potential advisor how they get paid (9:28)</li> <li class="li1">A financial advisor helps you <em>ask smarter questions</em> (11:25)</li> <li class="li1">The value of an advisor (14:26)</li> <li class="li1">The right approach to investing (17:30)</li> <li class="li1">Is it time to let your current advisor go? (23:20)</li> </ul> <p class="p2"> </p> <p class="p1">If you like what you<span clas