Episode 55: Financial Things That Drive You Crazy

Today’s Prep:

It takes a lot to get David worked up, but we found some things within the financial industry that drives him and other good advisors crazy. Let’s find out what those are on today’s episode.

(Click the featured times below to jump forward in the episode)

Equipping Points:

When you’re looking for an advisor that can work with you to build a retirement plan that meets your individual needs, there are just some things that you don’t want to see.

As advisors, we have a different perspective on the industry. We work every day to help clients manage their portfolios and position them for success. So we know bad practices when we see them.

On this episode of the Cover Your Assets KC podcast, David will talk about some of the things that drive him and other advisors crazy. If you come across any of these with your advisor, don’t be afraid to ask questions. It’s your money after all.

As you listen to the show you’ll see that it really comes down to personalization. Retirement plans need to be structured differently for every individual that comes into the office. And transparency needs to be a part of that process. That’s what we hope you take away from this conversation.

Listen to the full episode or click the timestamps below to hear more about a specific segment.

[0:36] – When folks come in and you find all these hidden fees they knew nothing about.

[2:04] – There are people in the industry that aren’t truly looking out for the best interests of their clients.

[3:59] – People that make their sales pitches and try to push a one-size-fits-all approach to planning.

[6:35] – When advisors try to use a lot of financial jargon and buzzwords that confuse and mislead.

[8:04] – Financial plans that consist of pages and pages of information and aren’t really customized for a client.

 

Today’s Takeaway:

 

Additional Resources:

PODCAST: Keys to Diversifying Your Portfolio

PODCAST: What It Means To Invest Like A Genius

 

dave-dickens

More From David:

The host: David Dickens

Sign up for our weekly email newsletter:

We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.

Investment advisory services are offered through Brookstone Capital Management LLC, an SEC Registered Investment Advisor. Kansas City Financial Advisors and Brookstone Capital Management LLC are separate companies.

Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.

Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.

The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.

Privacy Policy | Terms of Use

Call Now Button