179. Should You Get A Financial Advisor?
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Episode Synopsis:
In this episode, Gina Knox discusses the critical differences between financial coaching and advising, emphasizing the importance of financial literacy for entrepreneurs. She critiques the traditional financial advisor model, highlighting predatory practices and the lack of empowerment for clients. Gina advocates for self-management of wealth through education and understanding, while also acknowledging specific scenarios where hiring a financial advisor can be beneficial. The episode concludes with information about the Seven Figure Wealth program, aimed at helping entrepreneurs build passive income portfolios.
Timestamps:
00:00 - The Difference Between Financial Coaching vs. Advising
10:07 - When Financial Advisors Are The Wrong Move
17:30 - Empowering Clients Through Financial Literacy
Category: Wealth
Keywords: financial coaching, financial advising, wealth management, financial literacy, entrepreneurship, passive income, financial empowerment, seven figure wealth, financial advisors, investment strategies, do I need a financial advisor, where to find a financial advisor, how to find a financial advisor