Actual Advisor Value

In this episode, I relate a recent experience with a client where we discussed the importance of stability, liquidity, and growth when deciding what to invest in.

Investment Advisory Services offered through Demars Financial Group LLC Securities are offered through Crown Capital Securities. Member FINRA/SIPC

Today I discuss the anxieties many baby boomers face with estate planning and the importance of having those sometimes uncomfortable but crucial conversations that accompany it. Join me as I share relatable experiences from my recent client interactions. 

Online Resource:

https://www.elderlawanswers.com/estate-planning/101

In this episode, I delve into the costs associated with hiring a fiduciary financial advisor, highlighting the importance of understanding not just the advisory fee, but also the underlying costs in investments that contribute to the total cost. I emphasize the importance of transparency, cost-effectiveness, and acting in the client's best interest in providing true value as an advisor.

In this episode, I share a meaningful experience while working with, John, to navigate and consolidate his late mother's intricate estate. I highlight the critical importance of thorough record-keeping and estate planning, while underlining the comforting role a financial advisor can play during emotionally taxing times.

I had a great conversation with Lucy today, a widow who was debating about how to proceed with topics that can be sensitive when it comes to talking about money with family-specifically about whether to add family members to her bank account, and whether to loan money to other family members.

Today I met with Rick and discussed the pros and cons of choosing to plan for a tax refund, or expect a tax bill instead!

Today an urgent client request brought up a key question: Where to pull a lot of funds from his various investments while balancing retirement income needs and tax planning?