Protect Your Money: 7 Mistakes People Make When Hiring Financial Advisors

Alternative Investments Chat by Invessio's Erica Lanier and Erin Akers

S01 E31
21:52
Episode notes

Hiring the wrong financial advisor can shrink your portfolio. Skip costly mistakes by knowing what to look for before you trust them with your wealth. Choosing the right advisor isn’t just about credentials, it’s about finding someone who aligns with your goals, communicates effectively, and has a proven track record. Listen as Erica and Erin break down the seven biggest mistakes people make when hiring a financial advisor and how to avoid them.

Key Takeaways:

  1. Verify Credentials: CFP or CFA certifications matter, don’t skip this step.
  2. Understand Their Fee Structure: Know if they’re fee-only, commission-based, or hybrid.
  3. Match Their Specialty to Your Goals: Not all advisors are experts in what you need.
  4. Align Philosophies:
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