Signs You Chose The Wrong Advisor - FPCBO 129 скачать в хорошем качестве

Signs You Chose The Wrong Advisor - FPCBO 129

In this episode of Financial Planning for Canadian Business Owners, host Jason Pereira and guest Harold Geller discuss critical aspects of onboarding with a financial advisor. They delve into the importance of financial planning, understanding client-focused reforms, and distinguishing between competent advisors and salespeople. Learn about the significance of plain language communication, proper risk assessments, and the pitfalls of high-fee products. Get insights on how thorough information gathering and educational discussions set the foundation for a long-term professional relationship with your advisor. 00:00 Introduction to Financial Planning for Canadian Business Owners 00:23 Meet Harold Geller: The Advocate for Financial Planning 01:18 Key Considerations When Onboarding with a Financial Advisor 02:02 Understanding Client Focused Reforms 02:52 The Importance of Plain Language and Risk Tolerance 04:37 The Role of Information Gathering in Financial Planning 07:20 Red Flags in Financial Advisory Services 10:49 Personal Financial Circumstances and Planning 15:16 The Necessity of a Detailed Financial Plan 20:20 Advisor's Obligations: Know Your Product and Suitability 32:54 Final Thoughts on Onboarding and Building Relationships