Episode 348: What Your Other Advisor Will Say

Not Your Average Financial Podcast™

In this episode, we ask:

• Would you like to see videos?
• Do you have an existing advisor?
• Can Mark predict what they will say?
• What are the motivations beneath their comments?
• What is it hard for them to hear?
• Can the other professional build a knock off version?
• What is completely normal?
• What about fewer fees?
• What about the loss of big commissions?
• What is the motivation?
• What process happens with a transfer form?
• Do you have a similar product?
• What are the fees?
• What are the taxes?
• Who knows how to build a Bank on Yourself® type whole life insurance policy correctly?
• What about guarantees?
• Can Mark sign a guarantee?
• Would they be able to sign a guarantee?
• What about the disclosures?
• What about the market-based advisor?
• Would you like to hear Episode 36?
• What’s on the internet?
• Where is that advice coming from?
• Do they have your best interest at heart?
• Are they obligated to consider your best interest?
• What is the problem exactly?
• Is their situation just like yours?
• Does your kid have financial advice for you?
• What about death benefit numbers?
• How about a review?
• What about the financial infotainers?
• What is the misunderstanding?
• What is the doubt?
• What is the major flaw?
• What about the crab bucket?
• With whom do we work?
• What is the good, the bad and the ugly?
• What are the concerns?
• What are the expenses?
• What about your beliefs?
• Who will be here for you?
• What about insurer’s statistics and backing?
• What about state’s sources?
• What happened?
• What questions do you need to ask your advisors? (Send your stories and answers to [email protected]!)
  • Have you ever lost your clients in the past? If so, how can I be guaranteed that you won’t lose my money in the future? Can you put that guarantee in writing?
  • Where do you think tax is going in the future, down or up? How will you protect me from (excess) taxation over my lifetime?
  • Can you know for certain what the market will do over the next 40 years, or even this year?
  • What can you do to help me grow my net worth and my business, if banks decide to reduce or takeaway my line of credit?
  • What are your fees? Do you promise to eliminate them completely when you lose my money in the market?
  • What are you doing to completely protect me from market downturns?
  • What are you doing to completely protect me from creditors if my business fails?
  • What is your plan for me when I bring on equity partners and eventually sell my business?
• What would you like to discuss further?
• Would you like to meet with Mark?