Ep 469: Financial Advisors Unfiltered: What They Do, What They Don’t, and What to Ask

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.8 • 1.3K Ratings

🗓️ 2 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Finding a trustworthy financial advisor can feel overwhelming, but it doesn’t have to be. Today, we’re joined by Pam Krueger, an investor advocate and the founder of Wealthramp, a referral service that connects consumers with vetted, fee-only fiduciary advisors, to break down how to find the right advisor for your financial goals. We dive into the biggest red flags to watch for, the difference between fee-only and commission-based advisors, and how to take control of your money with confidence. Resources & Links Mentioned: Connected with a vetted, fee-only financial advisor here. Learn more about Pam and Wealthramp. Looking for more financial confidence? 🚀 FinanceFixx – Our 4 or 8-week coaching program to get your finances on track! Our next 4-week session starts April 2nd, use code WHM for a $100 discount. 📈 InvestingFixx – A club for women ready to grow their wealth. Your first month is completely free. Have a question for us? Write to us (or send us a voice note!) at [email protected]. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	I want to see that the advisor has humility because the minute I pick up on arrogance, I know I'm going to get a lecture.
0:09.2	And I know that that's not what I'm looking for.
0:12.4	I want to work with someone side by side and collaborate.
0:15.9	And I want to ask my stupid questions.
0:18.2	And I don't want to feel like they're stupid questions.
0:21.2	And so when I'm interviewing them, I can tell if they're humble.
0:26.9	Hey everyone, I'm Gene Chatsky.
0:28.6	Welcome to Hermione.
0:29.7	I am thrilled to be back with a returning guest and a very, very real and relevant conversation.
0:37.6	Because today, we are going to get completely unfiltered about financial advisors, what they
0:44.2	actually do, what they don't do.
0:46.5	And most importantly, the questions you need to ask before you agree to work with one,
0:51.7	because let's be honest, the world of financial advice can feel like
0:55.6	alphabet soup, CFP, RIA, CPA, fiduciary, broker, fee-based, fee only. It is enough to make
1:04.2	your headspin. But beyond the acronyms and the titles, I think there's a bigger question lurking,
1:10.1	and the question is, what's really in it
1:13.5	for me? What will a good financial advisor actually help me with? How do I know if someone is
1:20.3	genuinely acting in my best interest or just trying to sell me a product? And is it worth paying for? To cut through the noise,
1:30.1	we're bringing in the perfect voice for this conversation. You know her because she's been
1:33.9	here before. Pam Kruger is the founder and CEO of Wealthram, a referral service that connects
1:39.4	consumers with vetted fee-only financial advisors, no commissions, no strings, just real guidance.
1:46.8	She is also a longtime investor educator. You may have seen her on PBS's money track,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jean Chatzky Her Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jean Chatzky Her Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.