Lecture: Why Do Investors Keep Their Financial Advisers Around?

Presenter

• Katherine Isbrandt
  • Certified Financial Planner
  • Host of About Retirement TV

Introduction

• Discussing an article titled "Why do investors keep their financial advisers around?"
• Focus on people preparing for retirement or already retired.

Key Findings from Morningstar Research

1. Peace of Mind (37%)
   • Trust in financial planner for the best interests.
   • Comfort with financial management.
   • No promises of best returns, but commitment to clients' best interests.
2. Quality of Advice (22%)
   • Comprehensive financial planning like tax minimization, investment portfolios.
   • Attention to estate planning and market volatility.
3. Guidance (16%)
   • Confirmation of correct financial steps.
   • Support during stressful times, especially transition into retirement.
4. Financial Returns (12%)
   • Many believe advisers help in making money.
5. Specific Financial Needs/Goals (9%)
   • Advisers help in reaching specific financial outcomes.

Personal Insights

• Importance of acting in clients' best interests.
• Awareness of market limitations: "AustralianSuper makes a monster investment loss."

Viewer Engagement

• Encouragement to consider personal reasons for maintaining a financial adviser.
• Invitation to give feedback through thumbs up and subscribing to the channel.

Additional Resources

• Visit AboutRetirement.com.au for articles, videos, calculators, and eBooks.
• Sign up for the newsletter for updates on retirement impacts.
• Option to book a meeting to discuss personal financial strategies.

Recommended Videos

• "AustralianSuper makes a monster investment loss"
• "What’s new with Age Pension"

Conclusion

• Encouragement to engage with content and think critically about financial planning needs.