Jim DahleEmergency Physician and Financial Educator for Medical Professionals

How To Recognize a REAL Financial Advisor #money #personalfinance #finance #wealth

Name: How To Recognize a REAL Financial Advisor #money #personalfinance #finance #wealth
Uploaded: 2024-08-17T07:00:32Z
Channel: Jim Dahle
Description: This is a YouTube video titled "How To Recognize a REAL Financial Advisor #money #personalfinance #finance #wealth" created in August 2024. The content…

17 Aug 2024

Watch on YouTube

This is a YouTube video titled "How To Recognize a REAL Financial Advisor #money #personalfinance #finance #wealth" created in August 2024. The content is a monologue or talk focused on identifying credible financial advisors, emphasizing accountability, fee-only Registered Investment Advisors (RIA), CFP certification, client compatibility, and comfort in communication. There is only one speaker providing advice on the topic.

How can they recognize a real financial advisor? Number one that matters is that you work with someone that's actually accountable for giving you good advice. The second corollary to this is they're only working in an RIA and they're only getting paid in fees. Number three, are they a CFP certificate? CFP is a very high quality credible designation and to me just it's a good starting point. The last two to me that get really important aside from RAA fee only CFP is talking to them and there's two things ultimately you're looking for when you talk to a financial advisor to get to know them and see if you want to work with them. Number one is do you work with clients like me? And the last part to me is just at the end of the day do you feel comfortable talking to them? So you know RIA fee only CFP clients like me and I'm comfortable talking to them and if you can sort through that, most of the rest starts to sort itself out thereafter.