Financial Advisors Are Incentivized to Ignore You*

Financial Advisors Are Incentivized to Ignore You*

Working with a financial planner to develop and execute a written financial plan leads to considerably better results.

* But Fortunately, Times Are Changing (Quickly)

My Concerns With The Assets Under Management Model

Under this model, financial advisors don’t get paid directly by their clients. Instead, they take a percentage of the investments they manage on behalf of their clients.

The Sad Irony Of The Assets Under Management Model

Many financial advisors get paid through the assets they manage on behalf of their clients.

Swipe up to read the list of some of the issues a financial advisor might help their clients with.

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There are a growing number of financial planners moving away from the “Assets Under Management” model and moving towards a “fee-only” or “fee for service” model

We Need A New Financial Planning Model

Swipe up to read about the 8 personal finance topics people would be willing to pay for professional help with.

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Financial Advisors Using The Retainer Model Are Reaching An Untapped Market

A growing number of advisors have realized that those who can’t afford a financial advisor under the Assets Under Management and fee-only models are an untapped market.

Money Management

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Financial Advisors Are Incentivized to Ignore You*