Why Most Financial Advisors Are a Scam

Why Most Financial Advisors Are a Scam

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If you have a financial advisor or are thinking about getting one, you must watch this video. There are a lot of issues with the financial advisory industry that don't get talked about enough.

Watch this video to understand all the issues with financial advisors and how they could be costing you millions in lost earning potential from bad investment strategies and fees.

Apologies to anyone who may be offended by anything I say in this video. However, I feel very strongly that we must start talking about and addressing these issues!


Video Contents
00:00 - Intro
01:33 - Financial Planning Advice
02:48 - My Personal Experience Working with a Financial Advisor
05:52 - 1. Only Manage Stocks and Bonds
07:57 - 2. Interests Aren't Aligned
10:23 - 3. One-Size-Fits-All Approach
12:07 - 4. Don't Beat the Market
13:13 - 5. Fees Significantly Impact Earning Potential
14:25 - 6. Conflicts of Interests
16:07 - 7. Need to Justify Fees
17:37 - 8. Don't Give Holistic Advice
18:52 - 9. Don't Make a Lot of Money
21:28 - 10. Not Paid Based on Performance
22:08 - 11. Unrealistic Estimates of Results
24:32 - 12. Betting Everything on One Person
25:21 - The Best Type of Financial Advisors to Use


*The information provided in this video is owned by Winsmith Tax LLC and is for informational and educational purposes only. It is not intended as investment, legal, or financial advice. Please consult with a professional who understands your individual situation or do your own independent research before making any decisions. We may receive commissions in exchange for products or services recommended.*