Podcast

13 Myths About Working With a Financial Advisor

Note: this podcast episode can also be read as an article: 13 Myths About Working With a Financial Advisor [blog].

Let's talk about the myths surrounding financial advisors and get the real story.

1. I have to have a lot of money to work with a financial advisor.
2. A financial advisor will make me feel dumb.
3. A financial advisor will just tell me to stop spending money so I will have to just wait until retirement to do what I want to do.
4. A financial advisor will put all my money in stocks and that sounds scary and risky.
5. I need someone local to me and I’ll have to drive to their office all the time to meet.
6. I will feel embarrassed about my money habits.
7. It will cost too much in fees.
8. I’ll have to hand my money over to someone and I don’t want to do that.
9. A financial advisor will just try to sell me products to make a commission.
10. My life is so simple, I don’t need a financial advisor.
11. All financial advisors do is tell me how to invest my money.
12. I don’t need a financial advisor because I can do it all myself.
13. I hate math and numbers and working with a financial advisor will be so boring and it sounds terrible.

Intro/outtro music credit: eccentric - I Can Show You [Argofox Release] by Argofox