Show Notes:

Episode Summary:

In this episode of Plan the Retirement You Want, Melissa Moss dives into an important topic for anyone navigating their financial future—how to choose the right financial advisor or investment planner. Melissa shares an enlightening conversation with Deborah, a stenographer seeking a new advisor after her long-term advisor’s retirement. They explore Deborah’s journey, her priorities, and the key questions she’s asking to find the perfect fit.

Whether you're switching advisors, working with one for the first time, or considering managing your own investments, this episode is packed with valuable insights to help you make informed decisions.

What You’ll Learn in This Episode:

• The essential qualities to look for in a financial advisor.
• Key differences between fee-only, fee-based, and commission-based advisors.
• How to identify a fiduciary and why it matters.
• Questions to ask potential advisors during the interview process.
• Why the relationship and trust with your advisor are as important as their credentials.

Key Moments:

• [2:15] Meet Debra and her quest for a new advisor.
• [6:45] The importance of aligning your financial goals with your advisor’s approach.
• [15:30] Breaking down payment models: fee-only, fee-based, and commission.
• [21:45] How personal connections and communication impact the advisor-client relationship.
• [31:10] Pro tips for interviewing and selecting your next advisor.

Resources Mentioned:

• CFP Board’s advisor search tool: www.cfp.net
• Schedule a virtual coffee with Melissa: plantheretirementyouwant.com/coffee

Join the Conversation:

If you’re ready to start interviewing financial advisors or want to learn more about retirement planning, Melissa would love to hear from you! Reach out at [email protected] or visit plantheretirementyouwant.com.

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