Individuals who choose to work with a financial advisor often have questions about how to choose a financial advisor and frequently wonder whether their current advisor is still the best option for them. In this episode, we discuss how different financial advisors are held to different legal standards and are compensated in ways that may increase or decrease conflicts of interest. In total we've identified six key differentiators between financial advisors in the marketplace. By understanding each of these key differentiators, you will be well on your way to ensuring you work with a financial advisor that is the best fit for you and your family. Thanks for listening! We hope you enjoy this episode!

As life progresses and wealth grows, people often find themselves asking whether they should hire a financial advisor and if so, at what point should they take that step. In this episode, we discuss our perspective on how to determine whether it makes sense for you to "Do It Yourself" or whether you should hire a financial advisor. We discuss how this decision is dependent on your capability, time, and desire and what the real commitment is in order to manage your wealth well. Evaluating these factors in light of your specific situation will help you decide what is best for your family. Thanks for listening! We hope you enjoy this episode!

In this episode we give you the chance to learn more about your hosts, Steve Nelson and Nathan Anderson! We also discuss what led Steve to start Prairiewood Wealth Management back in 2008, and the challenges in the financial advisory industry that he wanted Prairiewood Wealth Management to address. Thank you for listening; we hope you enjoy the very first episode of Your Wealth, Your Legacy!