Should You Sack Your Financial Advisor? - Money Coach Tom episode artwork

EPISODE · Jul 1, 2026 · 50 MIN

Should You Sack Your Financial Advisor? - Money Coach Tom

from The Making Money Simple Podcast · host Ryan King

Tom from @moneycoachtom joined me on this podcast episode to discuss - perhaps controversially - the financial advice industry. Sometimes categorised by high fees and a lack of transparency, which begs the question: is a financial advisor actually worth it?For some people, maybe. For others, maybe not.In this episode we get into when a financial advisor isn't (or is) worth it, the questions you need to ask your financial advisor ASAP, how to actually get value, some horror stories, and more. Listen to the episode for the full details!-----------------------------------------📝 Get started with investing - I pulled together a 10-page guide, 1-page cheat sheet and 30-day email course (all for free) - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📕 Get my book Stop Waiting, Start Investing (available as a physical, digital and audiobook) - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠-----------------------------------------⚠️ Disclaimers: I am not a financial advisor and this does not represent financial advice, it is for entertainment purposes only. Please seek professional advice to get the best information for your personal situation. When investing, your capital is at risk and you may get back less than invested. Past performance does not guarantee future results.-----------------------------------------📥 Get in touch - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠-----------------------------------------Timestamps:3:50 - What questions should you ask your FA?8:45 - What about fees and value add?13:55 - Further things to ask your FA24:59 - What about the rise of ‘financial influencers’?34:22 - What are some of the worse FA examples?41:51 - When is a FA actually useful?47:21 - What should you do?

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Should You Sack Your Financial Advisor? - Money Coach Tom

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