Welcome to another captivating episode of "Right on the Money," your ultimate guide to financial mastery! In this installment, Dennis Mattern teams up with financial advisor Erik Bowman, founder of Bowman Financial Strategies. They're dissecting the five pivotal mistakes often made when choosing a financial advisor, and here's the twist – uncovering the intricacies of how these advisors get paid!
Ever wondered why understanding your advisor's compensation method is crucial? Erik dives deep into this topic, revealing the impact of payment structures on the advice you receive. Get ready to gain a crystal-clear understanding of the three primary ways advisors earn their keep, demystifying the world of financial compensation.
But that's just the beginning – Erik and Dennis will guide you through the maze of financial strategies, highlighting the imperative nature of compatibility between you and your advisor. Discover the importance of shared values and investment philosophies in your journey toward financial success.