Should You Pay For Financial Advice?
Apr 28, 2019•21 min
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Episode description
We help you understand whether you need an adviser, and if you do want one, how to find someone who will act in your best interest.
Here's what to remember:
- Many people don't need to pay for financial advice.
- Use a "fee-only" adviser, not a "fee-based" adviser.
- Consider low-cost options like robo-advisers or Vanguard.
- You might need to break up with your adviser — but you can still be friends.
- Two online resources can help you find an adviser: NAPFA and Kent on Money.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Here's what to remember:
- Many people don't need to pay for financial advice.
- Use a "fee-only" adviser, not a "fee-based" adviser.
- Consider low-cost options like robo-advisers or Vanguard.
- You might need to break up with your adviser — but you can still be friends.
- Two online resources can help you find an adviser: NAPFA and Kent on Money.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
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