The Mind Money Spectrum Podcast

#90. What you need to know about advisory fees.

August 31, 2021 Aaron Agte and Trishul Patel Season 2 Episode 38
The Mind Money Spectrum Podcast
#90. What you need to know about advisory fees.
Show Notes

Fee-only advisors and all the other fees you may pay.

In this episode, Trishul and Aaron discuss what it means to be fee-only and why they chose to make this commitment. AUM, hourly, and flat fees are just a few methods that all fall under fee-only. They discuss the evolution of financial services and why reputable advisors may still choose to sell financial products for a commission. They also explain why free financial services aren't always worth it.

Episode References

Investing Forever - The Three Key Benefits of Sound Investment Management Advice
Investing Forever - Where should you turn to for advice?
Investing Forever - Follow the money.
Graystone Advisor: What should I look for in a Financial Advisor?
Schwab 10-K
12b-1 Fees
Average Financial Advisor Fees

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.