When You Need a Financial Advisor and How Find the Right One with Peter Mallouk (CEO of Creative Planning)
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I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab.
Hey, money rehabbers. It's Morgan, the EP of the show. It's January 15th. How are those financial New Year's resolutions going? You know, we've been doing this show for four years now and we hear the same pain point from money rehabbers over and over again around this time of year. Maybe you're feeling it too. It goes like this. You set a financial goal. Maybe it's buying your first house or an investment property or retiring with enough money to take your family on vacations or sending your kids to college. Or maybe you're just killing it in your career and you wanna know how to make your money work harder for you. Whatever your goal is, you've set it, you feel excited about it, you're ready to make it happen, and then you realize that you don't actually know how to get there. Setting goals is not something you can outsource. That is deeply personal and just depends on how you want to live your life. But making the strategy to help you get there, that is something that you can outsource to a wealth advisor.
But I get it. It can feel really overwhelming to let someone into your financial life. So today, you're going to hear a conversation between Nicole and Peter Malouk, CEO of the award-winning wealth management and investment advisory firm Creative Planning. In this conversation, they talk about when to hire a financial advisor and how to find the right one for you. And they get super granular, even down to what you should bring with you in your first meeting so that all of the guesswork is taken out. This conversation should make you feel like you're ready to take the next step. And when you are, well, I'll tell you exactly what to do at the end of the episode. But first, here's Nicole and Peter.
Peter Malouk, welcome back to Money Rehab.
Great to be back, Nicole.
So we've nerded out a lot on this show about many different financial topics together, but we haven't yet covered the one that I imagine is your favorite, which is finding the right financial advisor. So let's start with a question that I think some listeners are asking themselves. Who should have a financial advisor?
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