DIY or Delegate: the Financial Advisor Conundrum w/ Pam Krueger #1055

A financial advisor WON’T magically fix your money problems, but many folks assume that by hiring a professional, they’re well on their way to financial success. Maybe, but maybe not, because a bunch of different factors come into play. And who better to have this discussion with other than award-winning investor advocate and financial educator Pam Krueger. She began her career as a stockbroker before moving into financial media, where she created and co-hosted the PBS series MoneyTrack where her work emphasizes transparency, investor protection, and understanding how advisors are compensated. Pam is also the founder and CEO of Wealthramp, a platform that connects consumers with vetted fiduciary financial advisors and today we discuss:

• Determining if you should DIY or delegate
• The one silver bullet in everyone’s financial journey
• Conflicts of interest and the fiduciary standard
• Fee-only advisors, unbiased advice without commissions
• Expecting transparency in advisor fees
• Paying for “meh” financial advice
• Breaking up with an advisor if you’re unhappy
• How Wealthramp advisors are vetted and finding the right advisor for you!

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