Everyone's heard of financial advisers. Far fewer people actually have one.

This week Nefe and Stevie answer the question they get asked all the time — is it actually worth it? The answer might surprise you.

In this episode:

• What a financial adviser actually does — and why they're not just for people with serious money
• The Canadian study that found families with financial advisers built three times the wealth after 7–14 years — and four times after 15 years
• Why the magic isn't genius-level advice — it's having someone keep you from making emotional decisions with your money
• The five types of financial advisers in NZ, what each one does, and which one you actually need
• What financial advice costs — and why a lot of it is free
• The worst financial advice Nefe and Stevie have ever heard — and whether there's anything they've said that they wouldn't say today
• The developer handing out "instant equity" spreadsheets — and why that's not financial advice, it's a sales pitch
• The client who only wanted to invest in Parnell and Remuera — and the maths that changed their mind

Financial advice isn't a luxury. For most New Zealanders, it's the difference between building wealth and wondering where it all went.

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