Money For Couples with Ramit Sethi cover image

127. “Our financial advisor almost cost us $800k. How do we fire them?”

Money For Couples with Ramit Sethi

NOTE

"Money is Political": Understanding the Importance of Avoiding Commission-Based Financial Advisors

The Trump administration abolished the fiduciary standard, allowing financial advisors to sell bad investments. This resulted in people losing half their money to terrible investments. Money is political and it's important to avoid commission-based advisors and instead pay a flat fee.

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