Get the RIGHT person to manage your money #biggerpockets #personalfinance

945 viewsalmost 2 years ago0m 25sScore: 80

BiggerPockets Money

Pricing & Profitability
beginner
Profitability
Expenses
Bookkeeping

Summary

When assessing a financial advisor, it's crucial to follow the money and understand how they are getting paid to evaluate their potential incentives and biases. Advisors who are paid assets under management may prioritize preventing clients from quitting, potentially leading to conservative investments and lower returns over time, which could cost clients significantly in the long run.