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The Free Financial Advisor

You are here: Home / Podcast / Two Guys & Your Money #14 – The Worst 5 Ways to Hire a Financial Advisor

Two Guys & Your Money #14 – The Worst 5 Ways to Hire a Financial Advisor

October 15, 2012 by Average Joe 7 Comments

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“Top 5” is SO last week….this time we took a different approach.

With OG at Mickey’s house, my mom’s neighbor Doug co-hosts (even though he THINKS he’s just coming to the basement to help with the furnace….).

PK tells us how your vote ISN’T wasted, even if you live in an overwhelmingly blue or red state.

The roundtable gives us their best advice from the past month.

We’re giving away the classic The E-Myth, Why Most Small Businesses Fail and What To Do About It

(You have several ways to win: 5 entries to tweet about the show, 5 to like us on Facebook and 25 if you guess the voice on the podcast.)

Click Here For Our October Giveaway Page!

 

Show Notes

<> Open

<> Yahoo’s Top 13 Wastes of Money. Are you guilty of any of these? Joe and Doug weigh in on our favorites, and the ones we think might not really be a waste.

<> PK from DQYDJ.net: 3rd Party voting.

<> Let’s Give Something Away: Our October book giveaway is in full swing. You don’t even have to listen to the show! Click here for the three ways to win.

<> On the Shortwave: Our best advice from the last month

<> Worst 5 Ways to Hire an Advisor

<> Show End

Doug: Black Book (German film about the Dutch resistance. Rated R. Thumb up, but not for kids)

Joe: 6 Days to Air (Documentary about the making of South Park. Thumb up, but not for kids)

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Filed Under: Podcast Tagged With: financial advisor, worst ways to hire advisor

Comments

  1. Rohit @ The Money Mail says

    October 15, 2012 at 7:18 pm

    Hiring a advisor on a fixed fee is the best model. Also one should ask if the advisor gets any fee for referring a product.

    Reply
    • Average Joe says

      October 15, 2012 at 9:02 pm

      That’s a great question to ask…what type of arrangement they have with the products they recommend.

      While fixed fee might be “the best model,” I knew many fixed fee advisors who stunk and others who were commission only who were awesome. I wouldn’t hire an advisor solely because they were fixed fee, but it would play into my decision.

      Reply
  2. DC @ Young Adult Money says

    October 16, 2012 at 7:23 am

    I definitely need to start listening to this podcast. I’m embarrassed to admit I haven’t listened to a single episode :0

    Reply
    • Average Joe says

      October 16, 2012 at 8:08 am

      That’s okay, DC! Not everybody can be part of the cool crew…. Of course I’m joking. What I meant to say before I got all snarky was that not everyone enjoys listening to podcasts. Some prefer to read, some to listen. I think for those who like to listen, ours is a pretty fun one.

      Reply
  3. Have A Peek At This Site says

    October 18, 2012 at 7:00 pm

    Hola! I’ve been following your website for some time now and finally got the courage to go ahead and give you a shout out from Houston Texas! Just wanted to mention keep up the excellent job!

    Reply
    • Average Joe says

      October 18, 2012 at 9:59 pm

      Houston! You’re only 5 hours away. Thanks for stopping by.

      Reply
  4. Greg@ClubThrifty says

    November 2, 2012 at 3:21 pm

    Dudes, you don’t even KNOW how much coin I’m pocketing from these QR codes;) I’m working so much that it is killing me… *har har*

    BTW – I was almost blown away by the awesomeness this week. Thank you Dom.

    Reply

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