The Value of a Financial Advisor: Building a Roadmap
Release Date: 01/23/2019
Divorce: The Effect on Finances & Family, Pt. 2
The Confident Wealth Podcast
During this episode of The Confident Wealth Practice Podcast with Bill Bush and Pete Bush, they interview Sean McAllister, Associate at Loeb Law Firm. Sean McAllister discusses how married couples can protect themselves from potential divorce issues, prenuptial agreements and post-prenuptial agreements, budgeting, and domestic cohabitation contracts.
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Divorce: The Effect on Finances & Family, Pt. 1
The Confident Wealth Podcast
During this episode of The Confident Wealth Practice Podcast with Bill Bush and Pete Bush, they interview Sean McAllister, Associate at Loeb Law Firm. Sean McAllister talks about Louisiana Revised Statute 9:315, understanding divorce and finance, and what to expect when children, pensions, property, and tax returns are involved.
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Confidence in the Face of Fear
The Confident Wealth Podcast
In this episode of The Confident Wealth Podcast, Pete and Bill Bush of Horizon Financial Group discuss the market downturn due to the outbreak of the coronavirus, and the declared global pandemic. Pete and Bill talk about strategies can you use to stay positive in times where your account value is declining. How can you build, gain, or maintain confidence during trying times?
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Defending Cybersecurity Threats in Your Financial Life
The Confident Wealth Podcast
This episode of The Confident Wealth Practice Podcast with Bill Bush and Pete Bush address the problems and issues associated with cybersecurity and how to protect yourself. Learn more about the financial scams that are targeting your credit cards and digital banking accounts. The cybersecurity defenses discussed in this episode can help you build up a stronger wall of protection from becoming a victim.
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Lessons from a National Title
The Confident Wealth Podcast
This episode of The Confident Wealth Practice Podcast with Bill Bush and Pete Bush take a look at the recent college football championship victory of the Louisiana State University Tigers and how the valuable lessons from that win can be applied to achieving your own financial success.
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The Value of a Financial Advisor: Leaving a Legacy, Life Transitions, and Caring for Others
The Confident Wealth Podcast
During this final installment of the series, Bill and Pete talk about the problems associated with not having a will, the value of having an advisor to walk clients through the process of estate planning, organizing and maximizing value, getting help with gift money to causes, how to handle life transitions, and how to prepare for taking care of your parents or other family members in the future.
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The Value of a Financial Advisor: Preparing for Retirement
The Confident Wealth Podcast
his episode of The Confident Wealth Podcast with Bill Bush and Pete Bush is the 8th installment in their series, The Value of Working with an Advisor. During this installment, Bill and Pete address the subject of preparing for retirement in a manner that you can feel confident about. What type of retirement goals do you have for you and your spouse? How will your financial needs change during different phases of retirement?
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The Value of a Financial Advisor: Organizing, Monitoring & Guiding
The Confident Wealth Podcast
This episode of The Confident Wealth Podcast with Bill Bush and Pete Bush is the 7th installment in their series, The Value of Working with an Advisor. Listen and learn all about how financial advisors can assist you with preparing, analyzing, and guiding your ever-changing financial situation. Bill and Pete point you in the right direction for budgeting, reviewing recurring fees, and overcoming disorganization.
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The Value of Financial Advisor: Budgeting & Cash Flow
The Confident Wealth Podcast
This episode of The Confident Wealth Podcast with Bill Bush and Pete Bush is the 6th installment in their series, The Value of Working with an Advisor. Gain some useful insight on budgeting and cash flow. Find out how financial advisors can help clients get a handle on their budgets, find out where their problematic areas are, and how to go about building healthier spending and savings habits.
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The Value of a Financial Advisor: Managing Inherent Risks
The Confident Wealth Podcast
This episode of The Confident Wealth Podcast with Bill Bush and Pete Bush continues on as the 5th installment in their series, The Value of Working with an Advisor. Learn more about the inherent risks we have, and how we can manage them from a financial advisement standpoint.
info_outlineIn this episode of the Confident Wealth Podcast, the Bush Brothers talk about the value of a financial advisor. The starting place for any relationship with an advisor is to sit down and create a roadmap of your financial goals - past, present, and future. From there, the financial advisor serves as your thought partner, mirror, and accountability partner. There is a lot of value that can be captured from having a relationship with a financial advisor.
Show Notes:
- 1:28 - How people can get value out of their financial advisors
- 2:00 - Managing the relationship with your financial advisor
- 2:20 - Financial advisors build your financial roadmap for you
- 6:14 - The importance of writing down the roadmap
- 7:00 - The financial advisor also serves as a coach - a mirror for their client
- 10:00 - Financial advisor also helps manage emotions - fear of loss is twice as strong as the excitement of the game
- 12:34 - The unique, defined planning process of Horizon
- 13:39 - Taking your plans out of your head and onto paper helps to figure the little things out and take care of them immediately
- 15:15 - The financial advisor is your thinking partner and mirror
3 Key Points:
- One of the main roles of a financial advisor is to create a roadmap with you, allow you to share your goals, and be your thought partner.
- Financial advisors manage your emotions while helping you achieve your goals.
- At the end of the day, your financial advisor is a person you can count on to hold you accountable and tell you where you need to improve financially.
Tweetable Quotes:
- - “It could be eye opening for folks that have never had that type of relationship or engagement. Many folks might think of it as well, you know, advisor kind of looks over investments and that kind of thing. But really, it's a hopefully a long lasting relationship that has many levels in many ways to bring value.” – Bill
- - “At some point, you stop, and you go, Okay, I have all these things, I have some assets have all this stuff. But what does it mean? Like, you know, how can I turn it into income, or what is my plan, so to speak. So I think the very first thing that we can do, again, any journey you go on, obviously got to know where you're starting from. So not just taking an assessment of where you are now. But really defining where is it what you want to go and then laying out that building that roadmap so to speak.” – Pete
- - “Because a coach can do something that no other human can do for themselves, which is hold up the mirror and go, Hey, look at that. See that right there? Yeah, that's what I see. Now, you're in your own head, you're in your own body, you're living in your own financial life, you may not be able to see outside of that.” –Pete
Resources Mentioned:
- The Confident Wealth Podcast