A financial advisor WON’T magically fix your money problems, but many folks assume that by hiring a professional, they’re well on their way to financial success. Maybe, but maybe not, because a bunch of different factors come into play. And who better to have this discussion with other than award-winning investor advocate and financial educator Pam Krueger. She began her career as a stockbroker before moving into financial media, where she created and co-hosted the PBS series MoneyTrack where her work emphasizes transparency, investor protection, and understanding how advisors are compensated. Pam is also the founder and CEO of Wealthramp, a platform that connects consumers with vetted fiduciary financial advisors and today we discuss:

Determining if you should DIY or delegate
The one silver bullet in everyone’s financial journey
Conflicts of interest and the fiduciary standard
Fee-only advisors, unbiased advice without commissions
Expecting transparency in advisor fees
Paying for “meh” financial advice
Breaking up with an advisor if you’re unhappy
How Wealthramp advisors are vetted and finding the right advisor for you!

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DIY or Delegate: the Financial Advisor Conundrum w/ Pam Krueger #1055

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