The relationship you have with a financial advisor is one of the most important you’ll have in life. They’re with you through the ups and downs of life and help bring a feeling of security to your family. It’s important to remember that you aren’t stuck with an advisor once you pick one, and change can sometimes be necessary.
In this episode, we delve into the complex and often emotionally charged process of changing financial advisors. We'll discuss the telltale signs that it's time to consider a switch, the questions to ask your current advisor, and what to look for in a new one. Join us as we demystify the transition process and equip you with the knowledge you need to make informed decisions about who is best suited to guide your financial future.
Plus, Anthony will break down an article from Yahoo! Finance that bashed the Roth. Should you think twice before investing in a Roth? We’ll get into that as well.
Read the Yahoo! Finance article here: https://finance.yahoo.com/news/lost-400k-retirement-savings-roth-174006044.html
Make sure you check out our free download that was mentioned on the show, 10 Mistakes to Avoid When Hiring an Advisor: https://cardinalwg.com/resources/downloadable-materials
Here are some of the highlights you’ll want to listen for:
- Anthony reviews an article warning investors about using a Roth account.
- The difficulty of leaving an advisor after building a relationship with them.
- The number one reason why people leave an advisor is because of lack of communication.
- What questions can you ask your current advisor to help evaluate them?
- What’s most important when looking for a new advisor?
Visit us online: https://cardinalwg.com/
Start the Cardinal Success Journey with your free assessment here: https://cardinalwg.com/free-assessment
Retirement Planning for PSEG Employees (Part 2)
Retirement Planning for PSEG Employees (Part 1)
The Future of Retirement In America: Is The Glass Half Full or Half Empty?
Navigating Finances After Losing a Spouse: Strategies & Mistakes to Avoid
Retirement: Ready Or Not Here It Comes
Spotting Problematic Personalities of Rogue Advisors
Countdown Clarity: Timing Your Retirement Preparations
Effective Communication Between Advisor and Client
Ep 56: France Moves Retirement Age to 64 - What Does This Mean for Us?
Ep 55: How Age And Wisdom Impact Financial Planning
Ep 54: When & How to Rebalance Your Portfolio
Ep 53: Why One-Size-Fits-All Financial Advice Doesn’t Work: Understanding Your Financial Personality
Ep 52: Fore Your Retirement - What Golf Teaches Us About Financial Planning
Ep 51: 10 Point Checklist For Retirement Preparedness
Ep 50: Four Ways the SECURE Act 2.0 Might Impact You
Ep 49: Finding the Right Advisor
Ep 48: Opportunities for Retirement‘s Late Bloomers
Ep 47: Where Financial Advisors Drop the Ball
Ep 46: Wants, Needs & Wishes - Planning Using a Pyramid Approach
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