Which doctors should NOT use a financial advisor?

Doctors are smart people, and personal finance isn't rocket surgery, so you might be curious about whether you really need a financial advisor or not. A good advisor can help you get a better outcome and a great one can make a huge difference in your life. But what if you have what it takes to be your own best financial advisor? You can skip the hassle, expense and potential frustrations of hiring one. Have you got what it takes? Listen in to hear the four ingredients you need to do things right when you do it yourself.

ASK A QUESTION

Send your questions about taxes, investing, extra money, retirement, college and financial parenting to [email protected] or call the Physician Family Answer Line at (503) 308-8733.

IN THIS EPISODE

• [ 00:36 ] What are financial advisors?
• [ 01:30 ] What distinguishes a good financial advisor from a bad financial advisor?
• [ 03:00 ] Certified Financial Planner (CFP®) credentials.
• [ 04:15 ] What it looks like to have skill in personal finance.
• [ 07:35 ] The cost of mistakes in finance.
• [ 09:55 ] The importance of energy in personal finance.
• [ 12:44 ] A story to discover personal financial knowledge and how you can become skilled in personal finance.
• [ 16:46 ] Have a question you want answered? How to get your question featured on the podcast.

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.