Is Financial Advice Worth It?

Описание: Tom Morgan has worked in the financial advice industry for 12 years. He recently decided to go it alone (as a financial advisor) because he has big concerns about how the industry works.

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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Chapters:
00:00-00:37 - Intro
00:37-08:10 - Does the industry provide value?
08:10-14:57 - The St. James’s Place Model
14:57-15:54 - Hostinger Ad
15:54-19:59 - Fees
19:59-26:01 - Key questions to ask a potential advisor
26:01-29:23 - Is the industry properly regulated?
29:23-36:00 - Where should people go for guidance?
36:00-44:40 - What a financial plan could give you
44:40-48:21 - When could you stop saving?
48:21-53:01 - Advice for those just starting out
53:01-55:53 - Key takeaways