What Your Financial Advisor Isn’t Telling You
The 10 Essential Truths You Need to Know About Your Money
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
Listen with Audible free trial
New to Audible Prime Member exclusive: 2 credits with free trial
What Your Financial Advisor Isn’t Telling You
Buy Now for ₹671.06
-
Narrated by:
-
Kaye Randye
-
Written by:
-
Liz Davidson
In today's unsettled financial markets, where most pension plans died out with the 20th century and where no one's certain of the future of Social Security, hardworking people turn to financial advisors to guide them to a worry-free financial lifestyle. But do you really know how to find a legitimate financial advisor? Do you understand the jargon advisors use to explain your investments? And, most important, do you know the answers to the most critical questions that will affect your financial future: How much are advisors' fees, and just how safe are the investment choices they make on your behalf?
Now more than ever, you need to educate yourself to prepare for your future, whether it's buying a house, paying for college, or saving for retirement. Spending quality time with What Your Financial Advisor Isn't Telling You is the first step to getting on track. This audiobook is a comprehensive guide to the essential unbiased information you need to make smart personal finance decisions and achieve total financial wellness.
©2016 Liz Davidson. Recorded by arrangement with Houghton Mifflin Harcourt. (P)2016 HighBridge, a division of Recorded BooksThe core idea is straightforward: an advisor can help you plan, invest, and stay disciplined, but you should still understand what is being recommended, why it is being recommended, and what it costs you. That message resonates deeply with me. In my work, I often see people who feel overwhelmed by financial jargon and simply want someone to “handle it.” That is understandable—but handing over responsibility is not the same as handing over ownership.
What I liked most is that Davidson encourages readers to ask better questions. Questions about fees, conflicts of interest, product suitability, risk, and whether the advice truly fits their goals. These are exactly the conversations clients should be having with any financial professional, whether in the US or India.
For Indian readers, some examples will need local translation. Our landscape is different: we have SEBI-Registered Investment Advisers, mutual-fund distributors, insurance agents, commission-based products, direct plans, expense ratios, and tax considerations that shape every recommendation. But the underlying principle applies everywhere—understand the difference between advice that is designed for your benefit and advice that is designed around a product sale.
The book is easy to read, practical, and free of unnecessary complexity. It will not make you an investment expert overnight, and it does not go deep into portfolio construction or tax planning. But it does something more important: it builds financial confidence. It helps you move from “I hope my advisor is doing the right thing” to “I understand what my advisor is doing and why.”
I would recommend this book to salaried professionals, young families, first-time investors, and anyone who feels unsure while dealing with a financial advisor. Read it not to become suspicious of advice, but to become a more informed participant in your own financial journey. My takeaway as a money coach: A good advisor should make your financial life clearer, not more confusing. The best client-advisor relationships are built on transparency, trust, and shared understanding.
A Practical Guide to Becoming an Informed Investor
Something went wrong. Please try again in a few minutes.