Skip to site content
The Show

The Secrets of the Financial Planning Industry

Have you ever felt confused about what really goes on in the financial planning industry?

Many people take a do-it-yourself approach to managing their money. For some, this is simply a preference. But for others, it’s a direct result of confusion, mistrust, and bad information around the financial advice industry.

Traditionally, this profession has lacked transparency, and stories of bad experiences with salespeople disguised as “advisors” deters many people from even trying to seek out reliable, trustworthy financial planners. (And yes, they do exist.)

Wouldn’t it be nice to have a look behind the scenes and know what’s really going on? On today’s episode, we’re doing just that!

We’re digging in and shedding light on the things that you’ve always wanted to know about an industry that few truly understand. Get ready to pull back the curtain and understand what really goes on, what you need to know to identify the good and the bad in financial planning, and much more.

In This Episode, You’ll Learn:

  • How your financial advisor gets paid
  • Who the “unicorn” of the financial planning industry are
  • Why all financial planning business models have some conflict of interest
  • The difference between the fiduciary standard and suitability rule
  • Why performance is a fleeting concept and investing is not the solution
  • The top 4 credentials for financial professionals

Resources:

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts for new episodes every Friday, live streams every Tuesday at 10am CT, and new highlight clips throughout the week.

Related Content

Free Resources

8 Questions to Ask Your Financial Advisor

These 8 questions will help you know for sure! Whether you’re looking for a new advisor or you’re already working…

View Resource

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and…

View Resource

Wealth Multiplier By Age

How much to save every month to become a millionaire.

View Resource

Articles

Exclusive Sneak Peek of Millionaire Mission by Brian Preston

, ,

Read More

How To Become a Financial Advisor

, ,

Read More

Do Married People Build Wealth Quickly?

, ,

Read More

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-book.png

Millionaire Mission (Brian’s Book)

Buy Now
https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-math.png

Know Your Number Course

Buy Now
https://moneyguy.com/wp-content/uploads/2023/10/accent-icon-pencil.png

The Money Guy Net Worth Tool

Buy Now

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

BudgetingAppQA

Best 4 Budgeting Apps! (Ranked by The Money Guy Team)

Watch Now
FULL WinFinanciallyByIncome A 1

How to Win Financially Based on Your Income! ($30k, $50k, $100k, $150k)

Watch Now
Tightwad QA

Does Investing Over 25% Make You a Tightwad?

Watch Now