Invest Like a Billionaire What your financial advisor isn’t telling you
14 snips
Aug 19, 2025 Uncover the secrets your financial advisor might not share with you! The discussion highlights the knowledge gap in alternative investments that hinders effective financial guidance. Discover how in-house products can create conflicts of interest, making some advisors more like sales agents. Learn about the different roles of registered investment advisors versus broker-dealers and the implications for risk management. Finally, hear how advisors can adapt in a world of robo-advisors and rising demand for innovative financial strategies.
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Advisors Vary Widely In Alt Savvy
- The hosts stress they are not anti-advisor but say the system is flawed against private alternatives.
- Most advisors vary widely in alt knowledge and platform capability, so few are truly alt-savvy.
Raising Capital Met Platform Roadblocks
- Ben describes cold-calling advisors to raise capital for Aspen Funds and being repeatedly turned down.
- Advisors agreed the deals were compelling but said structural platform limits prevented investing clients into them.
Platforms Favor In-House Products
- Many advisors are tied to selling in-house products and face incentives to promote them.
- Firms often limit advisors to platform-listed products, narrowing client options.
