Do You Need a Financial Adviser? The Truth About Picking and Being Chosen

How to pick a financial adviser?  It's one of the most common questions for investors...but a more realistic question is: Should you even bother?  Another valid issue to ponder is whether the adviser wants you in the first place?

How to pick a financial adviser?  It's one of the most common questions for investors...but a more realistic question is: Should you even bother?  Another valid issue to ponder is whether the adviser wants you in the first place? 

One in six clients were cut from the client lists of financial advisers last year. Many advisers will not admit it, but they only want 'sophisticated investors' with $2.5m to spend or else an annual income of $250,000 plus. 

Author and adviser Jacqui Clarke joins wealth editor James Kirby in this episode.



In today's show, we cover:

* How advisers pick their clients 

* When advice costs too much to add value 

* Key questions you must ask 

* The benefits of becoming a 'sophisticated investor'

How to pick a financial adviser?  It's one of the most common questions for investors...but a more realistic question is: Should you even bother?  Another valid issue to ponder is whether the adviser wants you in the first place? 
One in six clients were cut from the client lists of financial advisers last year. Many advisers will not admit it, but they only want 'sophisticated investors' with $2.5m to spend or else an annual income of $250,000 plus. 
Author and adviser Jacqui Clarke joins wealth editor James Kirby in this episode.
 
In today's show, we cover:
* How advisers pick their clients 
* When advice costs too much to add value 
* Key questions you must ask 
* The benefits of becoming a 'sophisticated investor'

The Australian’s Money Puzzle covers all the important finance and property topics.

The Money Puzzle covers all the important property, business, money and finance news. 

With two episodes published every week, The Australian’s Wealth Editor James Kirby, along with business, property and finance experts share insights and information that you will use on your wealth building journey.

Submit your questions on all things property, business and finance here - themoneypuzzle@theaustralian.com.au

The Money Puzzle covers all the important property, business, money and finance news. 
With two episodes published every week, The Australian’s Wealth Editor James Kirby, along with business, property and finance experts share insights and information that you will use on your wealth building journey.
Submit your questions on all things property, business and finance here - <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>

The Australian’s Money Puzzle covers all important finance and property topics.

The Money Puzzle, with James Kirby

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/d8567d9d-07a3-401f-b18e-b1e200324384/transcript

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