how to choose a financial planner

Episode 029: How to Interview Your Next Financial Advisor

This post may contain affiliate links or links from our sponsors. Read our disclosure policy here.

On the show today:

By end of the show, you are going to have an incredible understanding of how financial advisors are paid, common fees you can expect, and what you should not be paying for at all.

My Guest on the Show…

“Seth” – my very own financial advisor comes on the show to say what most advisors won’t. Since most professionals in the financial industry are so highly regulated, “Seth” agreed to come on the show if we kept his identity a secret.

Now that he’s anonymous, he is able to drop a ton of value including what you should be asking your advisor, how fees are structured, and some of the biggest mistakes he sees new clients make.

As a BONUS, this episode comes with a PDF Cheat Sheet I asked “Seth” create, which will come in very handy when you’re getting ready to interview your next advisor.

Now, I have a few questions for you all…

What are some of your questions you would like answered on the show? Simply leave a comment at the bottom and let me know or you can contact me here and ask anonymously.

Are you enjoying the podcast? If you do, would you be willing to leave a review for the show here? The more reviews the podcast receives, the more people will learn about it!

The Money Peach Podcast is brought to you by my #1 online program for showing you how to budget, how much to save, how to manage your debt payoff, when to save for retirement, what to teach your kids about money, and how to build a legacy to last beyond your lifetime.If you find yourself continuing to live paycheck-to-paycheck and wondering where all the money went at the end of the month, it’s time to finally make a positive change. Welcome to the class they forgot to teach you about money – Awesome Money Course.



Mentioned in this Episode


Download Cheat Sheet (PDF)

Betterment Investing

Would You Like Seth’s Information?

What the heck is a ROTH IRA?

Awesome Money Course


Show Notes

Regulation and What Advisors Can (or can’t) Say [2:47]

What is the S&P 500? [5:12]

What is the DOW Jones Industrial Average & the NASDAQ? [8:15]

Buy & Hold vs Dynamic Investment Strategies [12:14]

Hiring a Salesman vs a Teacher as Your Financial Planner [18:19]

What to Ask When Interviewing Your Next Advisor [23:15]

What are the Different Types of Fees to Watch For? [27:30]

Are Robo-Advisors a Good Idea? [30:58]


2 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *