Old Money9 Apr 2024

042. Do You Need a Financial Planner to Build Wealth?

Gentle reminder: no one cares as much about your money as you do. Today, Amber answers a listener's question about what to look for in a financial advisor and whether you even need one. You'll learn the differences between the various financial service providers and gain the tools to discern whether or not a financial planner aligns with your wealth goals. From the hidden impact of advisor fees to why you want someone who's CFP certified, you'll learn how to take control of your financial legacy today.

---------------------------

In today's episode, we cover the following:

Welcome to new listeners and what to expect in today's episode (0:00)
Cornerstones of this podcast series (3:30)
Question: How do you find a great financial advisor? Or do I really even need one? (6:07)
What is a financial planner? (10:45)
What you want to look for in a financial planner (14:11)
What is a fiduciary? (18:06)
The viability of robo-advisors (22:20)
What is a wealth manager vs. a portfolio manager? (24:05)
How financial service providers get paid (26:39)
Why 1% isn't a small amount when it comes to your finances (29:37)
Things to consider before hiring a financial planner (36:00)
Options for when you're at the beginning of your wealth journey (39:28)
Principles of investing according to John Bogle (41:33)
Conclusion and citations to start your research with (46:09)

----------------------------

RESOURCES:

Episode 001: Money is my Boyfriend: Building a Relationship with your Finances
Episode 003: Financial Fight or Flight is Ruining Your Life
Episode 005: Afford Everything You Want
Episode 011: The Hot Girl's Guide to Investing
Episode 018: Drowning in Credit Card Debt: Healing Habits & Personal Loans
Episode 019: AMEX Black & Bilt Card Review- Your Credit Questions Answered
Episode 028: How to Found Your Family Office and Build a Legacy
Episode 035: Tracking your Net Worth: Worth it's Weight in Gold
Episode 041: Hack your Brain for Wealth with Anne Lester
Read Anne Lester's book Your Best Financial Life
Find a financial advisor at NAPFA

----------------------------

Take control of your financial life today. Download your free Net Worth Tracker at oldmoneypodcast.com/networth and track the GROWTH of your financial future.

----------------------------

Connect with the Old Money Podcast:

Web: OldMoneyPodcast.com

Email: OldMoneyPodcast@gmail.com

Instagram: @OldMoneyPodcast

TikTok: @OldMoneyPodcast

----------------------------

The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.

Produced by AFMEDIA, a division of AFMKTG

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(147)

147. The Luxury of Leaving: Old Money Is Out of Office (Why I'm Pausing the Podcast!)

Okay, rich girls, I have news. My business is thriving, the podcast is popping, we just moved from San Diego to San Francisco, and I am...tapping out for a bit. Not because something's wrong. Everythi...

5 Maj 23min

146. Why the Wealthy Are So Relaxed About Money (And What They Know that You Don't)

Old Money Mindset ← Use code WEALTHCODES100 for $100 off until May 3, 2026!What does it actually feel like to be on the other side of money stress?Picture this: sun on your skin, a glass of champagne ...

28 Apr 33min

145. Old Money Mindset Q&A: Your Questions, Answered Honestly

Old Money Mindset ← JOIN NOW To Receive The Early Bird Discount And Bonuses!In this bonus Q&A episode, I answer the most common questions listeners have been asking about money mindset, why you're alw...

22 Apr 28min

144. Why Calm Women Win (The Soft Power Strategy Behind Wealth)

Old Money Mindset ← JOIN NOW To Receive The Early Bird Discount And Bonuses!Calm isn’t a personality type. It’s the reason some women build wealth faster, make better decisions, and never seem rushed ...

21 Apr 34min

143. Performing Wealth vs. Actually Building It: The Difference Between Looking Rich and Being Rich

Old Money Mindset ← Join The Waitlist Now To Receive A Special Early Bird Discount And Bonuses!There’s a difference between looking rich and actually being wealthy... and most people are living in the...

14 Apr 49min

142. Why Smart Women Make Bad Money Decisions (And How to Fix It)

Old Money Mindset ← Join The Waitlist Now To Receive A Special Early Bird Discount And Bonuses!Let’s talk about financial fight or flight: the reason you can be smart, successful, and still make quest...

7 Apr 49min

141. Cultura & Cash: First-Gen Family Pressure & Financial Power with Giovanna Gonzalez

Download the FREE CHAPTER from the Old Money Mindset Workbook: Money Story MappingFor many first generation women, money is deeply tied to family, culture, and expectation. Being the one who understan...

31 Mars 40min

140. The Inheritance You Didn't Know You Received

Download the FREE CHAPTER from the Old Money Mindset Workbook: Money Story MappingYour family may not have handed you a trust fund... but they handed you something that's been shaping your relationshi...

24 Mars 27min