The Future of Financial Planning

The industry is shaking itself away from commission-based business into the fee-only world. Doug: Financial advice that's tailored to a specific individual will never be commoditized. The most interesting thing here is what you see robo's doing which is hiring CFPs and hiring advisors.

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On today’s show, I sit down with Douglas Boneparth to talk all about millennial’s personal finances, from investing in the stock market to paying off student loans. We also talk about getting clear on your financial goals, a tactical process on how to get your finances in order, and much, much more! For those who don’t know who Douglas is, he is a successful entrepreneur, Founder of Bonefide Wealth, New York City’s Financial Advisor for millennials, a part of CNBC’s Digital Financial Advisor Council, and was ranked one of the top 10 most influential financial advisors in the country by Investopedia. As a millennial himself, Douglas looks to share all that he’s learned along the way to help others reach their goals.

IN THIS EPISODE YOU’LL LEARN:

Why you may need a financial advisor as a millennial
The value financial advisors add
Why robo-advisors won’t take over the financial advising industry
Whether you should pay off your student loans or invest
The most important thing keeping you from reaching your financial goals
And much, much more!

Download this episode and subscribe using your favorite podcast app! Join the conversation with the rest of the Millennial Investing community by joining the Facebook group or tweeting directly to Robert!

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Download your free audiobook at Audible
Douglas Boneparth’s book The Millennial Money Fix
Dave Ramsey’s book The Total Money Makeover
Scott Trench’s book Set For Life
Patrick Shaugnessy’s book Millennial Money
Erin Lowry’s book Broke Millennial

SPONSORS

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⁠CFI Education⁠
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GET IN TOUCH WITH DOUGLAS BONEPARTH

Website | Twitter | LinkedIn

GET IN TOUCH WITH ROBERT

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Email: Robert@TheInvestorsPodcast.com

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