I share the strategies I use to help high-net-worth clients create, grow, and protect wealth. Every Wednesday, you'll learn new ways to align your wealth with a life of time, freedom, and flexibility.
The Financial Services Industry is the Worst
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Hey Reader, If you're like most people, you immediately raise your guard when someone tells you they're a financial advisor. I mean, heck, so do I. In those situations, I'm sure you think, "Here we go. They're about to try to sell me something." It's unfortunate that something as important as money is associated with such a negative experience. I get it though. The industry hasn't done itself any favors, and a lot of the people who call themselves financial advisors are really glorified salespeople. Even worse, if you do decide to work with an advisor, the industry is so riddled with jargon that it feels impossible to compare advisors or understand if they're actually helping you. I operate my firm and collaborate with other advisors who are trying to provide the exact opposite experience, so sometimes I forget how confusing the industry can be for consumers. Last week, someone asked me a question that reminded me how important it is to help investors compare different advisor service models and compensation structures. So, this week, I want to share one of my favorite and most helpful blog posts:
It's the most straightforward explanation I could write to help you decipher the industry and choose the right advisor. Important Money ReminderLast week marked one year of my morning journaling habit to The Daily Stoic. Monday's excerpt was a great reminder we can all use. Here's my interpretation: Money is great. It opens the door to experiences and opportunities we otherwise wouldn't have. But if you're sacrificing your freedom, character, or values to get it, you've defeated the purpose of having money. Remember that the monetary cost of something is usually the lowest price we pay. ConclusionReply to this email or shoot me a message with any feedback or questions. Have a great rest of your week! -Matt Garasic Disclaimer: This is for general educational and illustration purposes only. This should not be taken as individual investment, tax, or legal advice. Consult your legal, tax, and financial team before implementing any financial strategies for your specific circumstances. P.S. If you want to...
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I share the strategies I use to help high-net-worth clients create, grow, and protect wealth. Every Wednesday, you'll learn new ways to align your wealth with a life of time, freedom, and flexibility.
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