I had always believed that when I (or anyone) came into ‘Life Changing Money’ the smartest first step would be to hire a financial advisor who could help me ensure that I was totally set for life.
For example: I want to know exactly what I need to do to accomplish my financial goals without being in a state of constant worry about whether I’m doing the right things. I don’t want to lose my money to thieves, make bad purchases, bad tax decisions or lose forward momentum because of other bad choices and I certainly don’t want to run out of money too early. I want to know that there is somebody on my side, who is a world-class professional that is looking out for my interests in every aspect of my financial life and paying careful attention even when I’m not.
I mean, that’s what I always thought the words ‘Financial Advisor’ meant and I figured these people were everywhere. If anything, I was expecting that they’d smell the ‘fresh money’ and start coming out of the woodwork at me and I’d have to beat them off with a stick.
So imagine my utter dismay when, in 2008, I first discovered that the kind of financial advisor I just described did not even exist. Not a one… not anywhere… not at any price.