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62. How to Vet Financial Advisors with Phil Harvey from PIFA

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Manage episode 337566312 series 1918697
Content provided by Aussie Firebug. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aussie Firebug or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Have you ever been ripped off by a financial advisor?
Today’s podcast is all about identifying the tactics financial advisors use that put their interests ahead of yours.
Joining me in this discussion is Phil Harvey. He’s an independent financial advisor and one of the founding members of PIFA which stands for the Profession of Independent Financial Advisers.

Some of the topics we cover are:

  • Who is Phil Harvey? (05:41)
  • Phil's personal experience with financial advisors in 2010 before the royal commission (08:01)
  • What motivated Phil to help start PIFA? (11:20)
  • What is an independent financial adviser? (13:29)
  • Fee structure differences between independent and non-independent advisors (15:25)
  • What percentage of all financial advisors are independent? (22:09)
  • Red flags when vetting financial advisors (36:15)
  • Phil’s tips on avoiding being ripped off by a financial advisor (55:11)

Links

www.aussiefirebug.com/podcast

  continue reading

144 episodes

Artwork
iconShare
 
Manage episode 337566312 series 1918697
Content provided by Aussie Firebug. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aussie Firebug or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Have you ever been ripped off by a financial advisor?
Today’s podcast is all about identifying the tactics financial advisors use that put their interests ahead of yours.
Joining me in this discussion is Phil Harvey. He’s an independent financial advisor and one of the founding members of PIFA which stands for the Profession of Independent Financial Advisers.

Some of the topics we cover are:

  • Who is Phil Harvey? (05:41)
  • Phil's personal experience with financial advisors in 2010 before the royal commission (08:01)
  • What motivated Phil to help start PIFA? (11:20)
  • What is an independent financial adviser? (13:29)
  • Fee structure differences between independent and non-independent advisors (15:25)
  • What percentage of all financial advisors are independent? (22:09)
  • Red flags when vetting financial advisors (36:15)
  • Phil’s tips on avoiding being ripped off by a financial advisor (55:11)

Links

www.aussiefirebug.com/podcast

  continue reading

144 episodes

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