Tom Cock and Don McDonald record a daily podcast Talking Real Money and a 2 hour radio show on KNWN (previously KOMO) each Saturday afternoon from 12 to 2. Last Saturday Don was taking a day off and Tom asked me to join him. While I was in their studio I asked Tom to join me for a discussion about the challenges of educating investors as well as giving some advice to those interested in building a career as a financial advisor. Here are a few of the topics we discussed:
- How to teach investors to develop realistic expectations for risk and return
- Best advice for first time investors
- Major changes in the financial planning industry
- How advisors bill for investments under management and those “held away”
- Robo advisory services
- Advice to young and older adults who want to get into the financial planning industry
Working with Tom is always fun!
