These are five questions that I would ask if you are interviewing a financial advisor.

I'm going to tell you the questions and I'm going to give you my answer.

And if you're interviewing multiple advisors, you can even compare my answers to those other people you're talking to.

Now, many of you who watch these podcasts on YouTube as well as listen on the podcast app,

you know I'm all about transparency here at

Root. That is one of our foundational beliefs. So with that being said, we're going to hop right in.

These are the five questions. So number one, are you a CFP, which stands for certified financial

planner? And I would go to your advisor and is the first thing I would do, or potential advisor

that you're considering to hire and see what they say. So part of these questions, I'm going to

need you to be like an investigator and read between the lines. I am a very skeptical person

reasonably, in my opinion, because my parents were burned by four advisors. They started at one

firm where they really liked it. It was a household name, but they found their service was lacking. They only talked once a year. They didn't feel they really cared about them. They felt like a number. So they went to this other firm. I'm not going to say the names and get them in trouble. But they went to this other firm and my parents have a million dollars and they allow me to talk about that.

They live in Malibu in a beautiful home, but they're working largely because they like spending

a good amount of money and there were some poor financial decisions along the way, although they

gave my brothers and I a great life. I promise. I'm going to get back to the questions. But the point

as to why I'm telling you this is that was their second advisory firm, where my parents live on a street with a lot of wealthy people.

They're less wealthy than them.

And so this one couple, my parents make movies for a living.

They made The Vow, if you've ever heard of that movie, Rachel McAdams, Channing Tatum, rom-com, go check it out.

And so they also do documentaries, which aren't as financially savvy, should I say, financially rewarding. That's the word I was looking for there. And so my parents have a friend that has $20 million. And so they said, hey, you know, Taublebes, I think I can get you in to work with our advisor. And they're like, that sounds great.

And, you know, then we're with the big shots, you know.

And what happened is they got even worse service because they were such a small client there. They were barely looked at. And then they're like, okay, we're going to go to this other company. Many of you are going to know this by just the way I talk about it. super low cost well known yeah maybe Yeah, maybe we could do better elsewhere, but look,

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