Establishing a relationship with a financial professional is one of the most important things an investor can do but how do you know what type of financial advice fits your needs?
We have the perfect guest to help us understand the different services and costs that you’ll find in the industry. Bonnie Bailey, VP of Business Development and Wealth Advisor at Carson Wealth, joins the show one again to break down the different types of firms and how they advise clients, as well as with the different fee structures.
The financial industry can seem complicated on the outside but this episode should give you a solid grasp of what’s out there and what you should be paying the closest attention to. By doing this, you’ll be in a better position to find someone that aligns with your needs and that will result in the best financial advice for your situation.
Join us on today’s episode as we discuss these important topics and more:
- Why Scott treats costs as part of the investment. (1:33)
- The different types of services and how fees are charged for each. (6:34)
- Transparency in what your all-in costs cover is important to get. (13:00)
- A breakdown of the different types of fees and what they cover. (14:36)
- How to make sure you’re aligned with the team you’re working with. (19:11)
If you’d like to connect with Bonnie, click here.
RESOURCES
About our guest: https://www.carsonwealth.com/team-members/bonnie-bailey/
More Episodes: https://www.theway2wealth.com/episodes/
More About Scott Ford: https://www.carsonwealth.com/team-members/scott-ford/
Securities offered through Cetera Advisor Networks LLC, Member FINRA/SIPC. Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Cetera Advisor Networks LLC is under separate ownership from any other named entity. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors. 19833 Leitersburg Pike, Suite 1 Hagerstown, MD 21742. Guests are not affiliated with Cetera Advisors Networks LLC, or CWM, LLC. Opinions expressed by the presenter may not be representative of Cetera Advisors Networks LLC, or CWM, LLC.
