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We Each Hired a Flat Fee Financial Advisor. Was it Worth It?

We Each Hired a Flat Fee Financial Advisor. Was it Worth It?

FromTwo Sides of FI


We Each Hired a Flat Fee Financial Advisor. Was it Worth It?

FromTwo Sides of FI

ratings:
Length:
68 minutes
Released:
Jun 19, 2022
Format:
Podcast episode

Description

Here's what we learned by hiring a financial advisor for a fixed fee of $1,000. Rather than pay a costly ongoing assets under management (AUM) fee, we wanted to test out this increasingly popular fee-for-service advisement model. Eric and Jason discuss each hired the same fee-only, advice-only advisor for $1,000 to evaluate their portfolios and answer a variety of key questions. They share how they found this advisor, what the process was like, the specific questions + answers they had, and who they think could benefit from such a service. Is this the right option for you? Maybe.  
Show notes: https://twosidesoffi.com/1Kadvisor
Released:
Jun 19, 2022
Format:
Podcast episode

Titles in the series (82)

Two lifelong friends document and share their personal journey as they seek to become financially independent and retire early (FIRE). One achieves his FIRE goal in 2020 during a global pandemic, inspiring the other to play catch-up. Whether you are new to the FIRE movement, already on your FIRE journey, or have retired early, there’s something here for you. Go beyond the numbers and get the personal stories as experienced by Eric and Jason.