Do You Need a Financial Adviser? The Truth About Picking and Being Chosen
Get every episode summarized
Each time The Money Puzzle publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
About this episode
How to pick a financial adviser? It's one of the most common questions for investors...but a more realistic question is: Should you even bother? Another valid issue to ponder is whether the adviser wants you in the first place?
One in six clients were cut from the client lists of financial advisers last year. Many advisers will not admit it, but they only want 'sophisticated investors' with $2.5m to spend or else an annual income of $250,000 plus.
Author and adviser Jacqui Clarke joins wealth editor James Kirby in this episode.
In today's show, we cover:
* How advisers pick their clients
* When advice costs too much to add value
* Key questions you must ask
* The benefits of becoming a 'sophisticated investor'
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time The Money Puzzle publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Money Puzzle
Why the $175 billion man still likes the sharemarket (with UniSuper's John Pearc...
The Money Puzzle
Wall Street rewards...but should you hedge?
The Money Puzzle
The career choices that matter for long term wealth
The Money Puzzle
Cash is king again...here's why
The Money Puzzle