9-1-26 What Should You Expect From a Financial Planner

What should a good financial planner actually do for you? It should go far beyond choosing investments or building a retirement portfolio.

A strong financial planning relationship should provide organization, accountability, objectivity, education, and proactive guidance while coordinating investments, taxes, Social Security, Medicare, insurance, estate planning, and retirement income. Just as importantly, your financial plan should evolve as your life, goals, markets, and tax laws change.

Lance Roberts & Jon Penn examine what investors should expect from a financial planner, why personalization and communication matter, how a fiduciary relationship should work, and why good financial advice is ultimately about helping you make better decisions with your money.

0:00 INTRO

0:54 - Economic Previews & late earnings trickle in

3:15 - AI: Dis-inflationary AND Inflationary

4:57 - September is Seasonally Weak:

11:20 - Traditional Buy & Hold vs more active management & fear of gains

14:16 - Capital Preservation is first priority

17:44 - Separately Managed Accounts (SMA) vs S&P

20:04 - The Challenges of starting to build financial plan

26:00 - Getting Your Money's Worth from Financial Advisor