#132 - Why the value in financial advisory services can't actually be measured

Update: 2025-01-02

Description

Andy explains how there is definitely value in good financial advisory services, but how it's impossible to quantify that value and is often disingenuous for advisors to claim they can, or for studies to try to put a number on it

Links in this episode:

Vanguard's research paper - Putting a value on your value: Quantifying Vanguard Advisor's Alpha
My article - How Much are Your Services Worth?
My article - Advisors Fees are Broken

Tenon Financial monthly e-newsletter - Retirement Planning Insights
Facebook group - Retirement Planning Education (formerly Taxes in Retirement)
YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)
Retirement Planning Education website - www.RetirementPlanningEducation.com

To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.com

Comments

Top Podcasts

The Best New Comedy Podcast Right Now – June 2024 The Best News Podcast Right Now – June 2024 The Best New Business Podcast Right Now – June 2024 The Best New Sports Podcast Right Now – June 2024 The Best New True Crime Podcast Right Now – June 2024 The Best New Joe Rogan Experience Podcast Right Now – June 20 The Best New Dan Bongino Show Podcast Right Now – June 20 The Best New Mark Levin Podcast – June 2024

In Channel

#135 - Q&A edition...understanding financial advisor's titles, repeal of Social Security WEP & GPO, umbrella insurance and MORE!

2025-01-2357:18

#134 – Retirement planning chat with a "real" person, Brian Alexander

2025-01-1601:01:05

#133 – Retirement planner chat, with Eric Niergarth from Retirement Roadmap Financial Planning

2025-01-0901:09:13

#132 - Why the value in financial advisory services can't actually be measured

2025-01-0257:11

#131 - Q&A edition...mutual funds vs ETFs, traditional vs rollover IRAs, how much umbrella insurance to get and MORE!

2024-12-2656:44

#130 – Retirement planning chat with a "real" person, Peter Townsend

2024-12-1901:55:52

#129 – Retirement planner chat, with Andrew Gray from Gray Wealth Strategies

2024-12-1201:34:52

#128 - How to decide whether to own or rent your home in retirement

2024-12-0543:26

#127 - Q&A edition...concentration in the S&P 500, direct indexing, how to transfer accounts from one broker to another and MORE!

2024-11-2853:38

#126 – Retirement planning chat with a "real" person, Jane

2024-11-2101:12:00

#125 – Retirement planner chat, with Jamie Lima from Woodson Wealth Management

2024-11-1401:33:01

#124 - The basics of taxes and tax planning in retirement

2024-11-0701:00:28

#123 - My thoughts on 12 common financial and retirement planning rules of thumb

2024-10-3151:13

#122 - Q&A edition...tracking Roth IRA contributions, what to do with leftover RMD money, using total bond market funds and MORE!

2024-10-2439:45

#121 – Retirement planning chat with a "real" person, Doug Mann

2024-10-1701:26:44

#120 – Retirement planner chat, with Erik Barnes from Retirement Portfolio Partners

2024-10-1001:51:35

#119 - Andy's appearance on Rob Berger's YouTube channel, talking about taxes in retirement

2024-10-0301:41:14

#118 - Q&A edition...Itemized sales tax deductions, pension vs lump sum, surviving spouse tax increases and MORE!

2024-09-2649:10

#117 – Retirement planning chat with a "real" person, Alison

2024-09-1959:24

#116 – Retirement planner chat, with Roger Whitney from the Retirement Answer Man podcast

2024-09-1201:36:40

00:00

#132 - Why the value in financial advisory services can't actually be measured

#box-pro-ellipsis-173776742978387{-webkit-line-clamp:2;}#132 - Why the value in financial advisory services can't actually be measured

#132 - Why the value in financial advisory services can't actually be measured

Andy Panko

#132 - Why the value in financial advisory services can't actually be measured