Pam Krueger: Your Wealthramp to Fiduciary Advice

In this episode, The Annuity Man and Pam Krueger discuss:  Should you trust people not held to a fiduciary standard?  The advantage of buying a registered advisor  The mark of a great financial advisor  Two questions you must ask your advisor    Key Takeaways:  There are a lot of self-described advisors working at brokerage firms or insurance companies. They are not necessarily bad people or bad advisors but work for a business model that has consciously chosen not to be held to the legal fiduciary standard.  Hiring an advisor who is held to a fiduciary standard is advantageous to a client. Anytime the client feels that the advisor has mismanaged their finances, the burden of proof will be on the advisor.  Humility is the x-factor in an advisor. A good advisor is not in it just to live off of their client's money, but to offer their expertise for the client's good.  Ask them first who are their typical clients and what they do for them. Then, ask them how their clients pay them. Relax and take your time, but go straight into business.    "Fiduciary is not a frame of mind. Fiduciary is not a mood you're in. A fiduciary standard is a legal standard." —  Pam Krueger     Connect with Pam Krueger: Website: https://wealthramp.com/ | https://www.pamkrueger.com/  LinkedIn: https://www.linkedin.com/in/pamkrueger/  Twitter: https://twitter.com/PamkruegerTV    Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator!