About this episode

Patrick Huey discusses the systemic issues in the financial advisory industry that lead clients to feel underserved and overcharged.

Schedule: www.victoryindependentplanning.com/contact Download the book: https://victoryindependentplanning.com/ (Click on “Download Free Retirement Guide.” Does your financial advisor really suck?Probably not.But the system many advisors work in just might.In this episode of The Retirement Income Lab, Patrick Huey, CFP®, breaks down why so many investors and retirees feel ignored, underserved, or overcharged by their financial advisor — even when that advisor seems like a perfectly decent person.The real problem is often the business model: too many clients, too little personalization, product-driven advice, and not enough proactive retirement planning.If you’re within 5 years of retirement, already retired, or paying around 1% for wealth management, this episode will help you ask a very important question:What am I actually getting for the fee I pay?In this video, you’ll learn: ➡️Why your advisor may not be the problem — but the system they operate in is➡️How Dunbar’s number helps explain why advisors with hundreds of clients can’t truly know most of them well➡️Why more clients are not always better for the client➡️How wirehouses, broker-dealers, and even some large RIAs create…

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