F'ING FEES - THE TRUTH ABOUT HOW ADVISORS GET PAID | Let's Get Real Ep. 9 NoBS Wealth podcast

F'ING FEES - THE TRUTH ABOUT HOW ADVISORS GET PAID | Let's Get Real Ep. 9

27d ago 8:21

Content provided by Stoy Hall, CFP® and Stoy Hall. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stoy Hall, CFP® and Stoy Hall 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.

Shoot us a message, we are here for you and we listen!

WARNING: THIS EPISODE WILL PISS OFF THE ENTIRE FINANCIAL INDUSTRY

Tired of the bullshit? So is Stoy. In this no-holds-barred episode, he rips the mask off the THREE ways financial advisors make their money—and why two of them are probably screwing you over right now.

From the dying breed of Assets Under Management (AUM) that quietly drains your portfolio to the commission-based scams that serve advisors, not you—Stoy holds nothing back.

If you've ever wondered why your advisor gets nervous when you want to use your own damn money, this is why.

Discover the flat fee subscription model revolution that's transforming the industry and why transparency should be non-negotiable with YOUR money.

THE INDUSTRY HATES THIS EPISODE. YOUR WALLET WILL THANK YOU.

Whether you've got $10K or $10M, you deserve to know exactly what you're paying for. Period.

Get real financial advice at nobswealth.com Watch the full episode: https://youtu.be/2NI4DDxfkSE

LET'S GET REAL.

As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!
Twitter, FaceBook, Instagram, Tiktok, Linkedin
DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Chapters

1. Why I’m About To Piss Off My Industry (00:00:00)

2. How AUM Really Works (And Who It Screws) (00:01:00)

3. Conflict of Interest: What They Won’t Tell You (00:02:20)

4. The UGLY Truth About Commission-Based Advisors (00:03:15)

5. Why Flat Fee Models Are the Future (00:04:30)

6. Subscription Models: What You Should Expect (00:05:50)

7. Are YOU Getting What You’re Paying For? (00:07:10)

8. Final Truth: Ask These Questions Now (00:08:00)

155 episodes