Should I Fire My Financial Advisor?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 29 December 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:08.0	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	David is in Indianapolis.
0:15.6	Hi, David.
0:16.1	How are you?
0:17.1	Good, Dave.
0:17.7	How are you?
0:18.1	Better than I deserve.
0:19.3	What's up?
0:20.3	Long story short, I just checked my statements from my financial advisor last month for,
0:27.5	been the first time in a couple of months anyway.
0:29.8	Looking at them, it only looks like I've seen about 7% growth this year, and I was wondering
0:35.7	if I should fire him and look for someone else.
0:38.2	What does he have you invested in? Do you know?
0:40.5	It's supposed to be aggressive growth, supposedly. As far as the individual funds, I'm not
0:45.5	100% sure on. I just figured this out on Friday.
0:49.5	Have you contacted them and asked any questions?
0:52.9	I haven't. I did not ask about the retirement. I did contact them to figure out why this is
0:59.0	another issue. My deposits I made into my money market account were not being actually used,
1:06.1	and they were just sitting there not gaining interest either. Oh, gosh, you had money in your money
1:10.5	market account that he has access to that he's supposed to pull
1:12.7	each month money from to invest, and he's not done that.
	...

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