Today on the podcast, we have Andy Darroch, an Independent Financial Adviser and Director of Independent Wealth Advice.

Andy is one of the very few truly independent advisers in Australia—less than 1% fall into that category. After time at Macquarie, Wilson HTM, and Deloitte, he started his own firm to offer advice free from commissions, kickbacks, and product pushing. He charges a flat fee, publishes his prices online, and believes advice should work like any other profession—you pay for it when you need it.

In this episode, we discuss:

• Why independent advisers are so rare (00:04:30)
• Myths around financial advice (00:05:05)
• What good advice looks like when it’s actually designed to help you (00:27:51)
• Whether the current model is working, and how to fix it (00:45:55)
• The biggest mistakes the FIRE community makes (01:21:30)

• Website - Independent Wealth Advice
• Website - The Honest Advisor

www.aussiefirebug.com/podcast