Need a Financial Advisor? Start Here!

Episode #505 Most financial advisors aren’t what they seem. They paint themselves as stewards of your financial security, carefully analyzing every investment they put your money into. But that’s far from the truth. Many financial advisors simply use you to make a quick buck, leaving you worse for wear when it comes to retirement. So, how do you find a financial advisor who will actually help you build wealth without filling their own pockets at your expense? We’re about to give you the roadmap to finding the perfect financial advisor. We’re back with Jeremy Schneider, the bootstrapped founder who became an overnight millionaire thanks to a decade of tough decisions. This time, Jeremy shares about the world of financial advising, ranking the types of advisors from worst to best and sharing why that life insurance policy might be a BAD financial decision. If you’re struggling to find financial advice from a neutral third party who truly wants the best for your finances, this is the episode to listen to. Jeremy talks about the two financial advisors to never trust, the costly difference between fee-based and fee-only advisors, the financial “meth” that could cost you in the long run, and exactly where to find a financial advisor that truly works for YOU. Show Notes at: https://link.chtbl.com/Money ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Join the BiggerPockets Money Facebook Group:   / bpmoney   ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Past Episodes Mentioned in Today’s Show: A Purple Mom: https://www.biggerpockets.com/blog/bi... Life Insurance (Joe Saul-Sehy): https://www.biggerpockets.com/blog/bi... Whole Life Insurance (The White Coat Investor): https://www.biggerpockets.com/blog/mo... ~~~~ Do You Need a Financial Advisor? Here's How to Tell: https://www.biggerpockets.com/blog/do... ~~~~ Connect with Jeremy: Instagram: @personalfinanceclub or   / personalfinanceclub   Nectarine: https://hellonectarine.com/ ~~~~ Want to Be a Guest on the BiggerPockets Money Show? Apply Here: Guests: https://www.biggerpockets.com/guest?u... Finance Friday: https://www.biggerpockets.com/finance... ~~~~ Connect with Scott and Mindy on BiggerPockets: Scott: https://www.biggerpockets.com/users/s... Mindy: https://www.biggerpockets.com/users/m... 00:00 Intro 00:59 The Financial Advisors to NEVER Trust 07:05 Fee-Based vs. Fee-Only Advisors 10:05 Where to Find the RIGHT Advisor 13:38 "Whole Life Insurance" Scam? 19:42 Connect with Jeremy! 20:07 Find an Advice-Only Advisor!