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Retire With Purpose - The Retirement Podcast

421: What to Consider Before You Hire (or Fire) a Financial Advisor

Retire With Purpose - The Retirement Podcast

Casey Weade

Investing, Business, Self-improvement, Education

4.7564 Ratings

🗓️ 16 February 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

Today's article comes from Kiplinger titled, Three Legit Reasons to Break Up With Your Financial Adviser (and How to Do It). Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation.

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Show Notes: Howardbailey.com/421

Rate & Review the Podcast: RetireWithPurpose.com/review

📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu 

📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw 

ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process

Transcript

Click on a timestamp to play from that location

0:00.0

There are a lot of great financial advisors out there in the world today.

0:03.9

And maybe you're working with one.

0:05.3

However, maybe it's starting to feel like it's time to move on.

0:08.2

Maybe you're thinking about firing your financial advisor.

0:10.8

Well, today we're going to discuss that, giving you three legitimate reasons why that might be the right choice for you.

0:16.4

Thank you. Welcome to Retire with Purpose podcast where it is my mission to deliver you clarity and purpose and elevate meaning in your life.

0:32.1

And on the show, we do that in a couple of different ways.

0:34.5

If you're new, I want you to know what to expect.

0:36.8

We have both deep financial conversations and deep non-financial conversations talking about the hard and soft

0:43.2

side of your retirement planning journey. And every other Monday, we'll actually bring you a long

0:48.6

form interview. And that's going to be with one of our world-class guests and a variety of

0:52.5

different topics. And then every single Friday, this is what you're joining us for today. We're talking about a weekend reading article. That is a trending topic. We're talking about a trending topic, something that we see coming up and time and time again, something that's in the news. And all of these things make their way into our weekend reading for retirees email. That's an email that's curated by myself,

1:11.7

Marshall Johnson, and our team here. And we curate that email with four articles on trending

1:16.3

topics in the financial planning space. Look, we've tried to use AI. We've tried to use other tools.

1:21.2

The reality is we've found that there's nothing better than us personally curating these articles

1:26.6

and putting them in your inbox

1:27.8

every single Friday for the best content, the best result for you. So we're going to put those in

1:33.1

there with summaries and takeaways and all kinds of other great, amazing resources,

1:37.8

invaluable stuff, free webinar invitations, white paper giveaways, book giveaways,

1:42.9

assessments, and all kinds of great stuff.

1:45.3

So to get yourself signed up, it's super easy.

1:47.8

Just shoot us a text.

...

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