Do You Know How Much You Are Paying Your Advisor?
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 583 Ratings
🗓️ 14 October 2024
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | If you were to walk into your advisor's office or talk to them on Zoom and ask them, how much am I paying you today? |
| 0:07.3 | Would they be able to answer the question clearly for you? |
| 0:10.5 | And do you know the answer? |
| 0:12.3 | Right now, you might go, I don't even know what I am paying my advisor. |
| 0:16.4 | And I think I'm getting value. |
| 0:18.2 | I mean, I hope so, but I don't know because I don't see it on my statement. I don't know what all the fees are. And I don't know if ultimately I'm getting what I deserve right now. Now, if you feel, nope, I'm in an awesome spot. Well, great. This episode might not be for you. But this is for all of you wondering, if I'm paying my advisor, I want to make sure I'm getting value, I just need to know what the fees are. |
| 0:41.0 | Because too often someone says, I think I have a good advisor, but I don't even see what the fees are. |
| 0:48.0 | And where can I figure those out? |
| 0:49.4 | I'm going to show you all of that today. |
| 0:51.4 | So a lot of what I'm going to discuss will be via YouTube on my screen. |
| 0:56.3 | If you're listening to this on the podcast app, as many of you have told me, it is easier to listen |
| 1:01.8 | on the podcast. You can certainly keep doing this. I'm going to explain it easily for you, |
| 1:07.0 | so it doesn't matter where you are tuning in. Now, I want to make sure that you understand |
| 1:13.4 | if it makes sense to hire and continue paying your advisor or if it makes sense to potentially stop |
| 1:19.5 | or shift to a different advisor. Now, yes, I'm a financial advisor, but my parents were burned by |
| 1:25.7 | multiple advisors. That's why I like doing this |
| 1:28.6 | so that people know what they are paying for and that they're getting value for it. I want you |
| 1:33.6 | over the moon paying your advisor. And you should feel that way. That sounds odd, but that is a |
| 1:39.1 | requirement I have. I want someone going, I'm paying you a $20,000 a year. I love getting 40, 60, 80, 100, X in |
| 1:46.4 | value, and I'm sleeping at night. Well, this is awesome. That's how a relationship should work. |
| 1:51.9 | So the first question I invite you to ask your advisor is actually very simple. How much am I paying you? |
| 1:59.5 | And I want you to shut up and just hear what they have to |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ari Taublieb, CFP®, MBA, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ari Taublieb, CFP®, MBA and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

