How to Spot a Good or Bad Financial Adviser

Pete and Roger reveal how to spot a good financial adviser from a bad one. Learn the red and green flags—from transparent fees to pressure tactics—and the key questions to ask before committing. Essential listening for anyone considering financial advice.

 

Shownotes: https://meaningfulmoney.tv/session609 

 

Everything You Need To Know

04:00 - life vs product

05:18 - listens vs talks

06:40 - behaviour vs numbers

08:25 - clear vs vague

09:38 - plain English vs jargon

11:21 - transparent fees vs evasive costs

13:12 - probabilities vs certainties

14:48 - evidence based vs secret 'sauce'

16:15 - calm vs urgent

17:46 - facts first vs opinions first

19:50 - "I don't know" vs blagging

20:44 - written rationale vs 'trust me'

21:41 - respects advisers vs criticises advisers

23:40 - growth & protections vs chasing returns

25:31 - professional vs sloppy

 

Cheatsheet: https://meaningfulmoney.tv/adviser-checklist 

 

Everything You Need To Do

29:18 - ignore unsolicited approaches

31:58 - verify they're legit

33:48 - get fees and scope in writing before committing

36:36 - first meeting questions

43:40 - pressure test