How Financial Advisors Get Paid (and Why It Matters More Than You Think) | Ep 03
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Let’s pull back the curtain on something most people never ask about, but should.
In this episode of Real Money, Real Life™, I’m talking about how financial advisors get paid… and why that matters more than you probably realize. Because even the kindest, most well-meaning advisor can be influenced, consciously or not, by how they earn their paycheck.
We’ll cover:
- The 4 main compensation models: commission-based, fee-based, fee-only, and advice-only
- What “fiduciary” really means (and what it doesn’t)
- My own path through the financial services industry, and why I now call myself “education-only”
- 5 essential questions to ask before hiring any financial professional
Whether you’re working with someone now, or thinking about it, this episode will help you show up to those conversations with clarity and confidence.
You don’t have to be a financial expert. You just need to understand the system well enough to protect yourself.
Because you deserve transparency. You deserve advice that puts you first.
Explore courses, coaching, and the MeMoney™ Method to get the clarity you deserve.
Connect with Linda: Website: https://www.LindaGriz.com Instagram: https://www.instagram.com/lindagrizely Facebook: https://www.facebook.com/thelindagrizely LinkedIn: https://www.linkedin.com/in/linda-grizely LinkedIn LGV: https://www.linkedin.com/company/linda-grizely-ventures LinkedIn RMRL: https://www.linkedin.com/company/real-money-real-life/ TikTok: https://www.tiktok.com/lindagrizely X: https://x.com/LindaGrizely YouTube: https://www.youtube.com/@LindaGrizely eSpeakers: https://www.espeakers.com/marketplace/profile/51801/linda-grizely Podmatch: https://podmatch.com/guestdetailpreview/linda
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Resources/Freebies: https://www.lindagriz.com/resources What’s Your Money Personality Quiz: https://bit.ly/MonPersQuiz What’s Holding You Back from Financial Confidence Quiz: https://bit.ly/FinConfidQuiz
6 episodes