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)
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.
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