At Intelligence Driven Advisers, we talk to many potential advisers about joining our firm, and there’s one question that really helps us determine if they might be a good fit: Do they care passionately about what their clients are ultimately paying – and what their net returns are?
Today, trader Andrew Grant joins the podcast to talk about how to take control of the elements you can control – and potential red flags you should be on the lookout for when you evaluate your relationships with brokers or financial advisers. We also dig into why you should take our Portfolio Challenge if you haven’t already and the benefits of tax loss harvesting.
In today’s conversation, here’s what you’ll learn:
- The signs that your financial adviser may not be the best fit for your portfolio.
- The stark differences between brokers and advisers – and how these can affect what’s offered to you as a client.
- What makes risk different from volatility.
- Why what so many people in the media call “the markets” is a tiny fraction of the world’s markets, even though it represents a very small fraction of many portfolios.
The content of this radio show is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Mr. Labrum and Intelligence Driven Advisers/Financial Detox are not responsible for the consequences of any decisions or actions taken as a result of information provided in this radio show and do not warrant or guarantee the accuracy or completeness of the information provided. The information discussed today reflects the views of Mr. Labrum and his guest(s) as of the date of this show and are subject to change without notice.Past performance is no guarantee of future results. Any forward looking statements or forecasts are based on assumptions and actual results may vary from any such statements or forecasts. No reliance should be placed on any statements or forecasts when making any investment decision. Accordingly, listeners should not rely solely on the information provided today in making any investment decision.There is a risk of loss from investing in securities, including the risk of loss of principal. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular investor’s financial situation or risk tolerance. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses.