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Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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Fire Your Financial Advisor Before This Happens – Fees, Commissions, and Hidden Traps

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Manage episode 492831689 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

97% of hedge funds underperform the market over 15 years.
Most financial advisors don’t even invest in the products they sell you.
And yet — they still charge you 1–2% every year, whether or not they add value.

In this episode, we expose how the financial advice industry works — and why hedge fund managers, financial planners, and wealth management firms often win even when you lose.

We cover:

  • The 2 and 20 fee model and why it’s rigged against ordinary investors
  • What a financial advisor actually does — and doesn’t
  • The difference between a financial advisor vs planner
  • Why low-cost index funds routinely outperform expensive “expert” portfolios
  • How commissions, model portfolios, and hidden incentives drive most recommendations

We finish by showing how Bitcoin offers an alternative: self-custody, no silent fees, no middlemen, and no need to “beat the market” to preserve value.

If you've ever asked, “Are financial advisors worth it?” — this episode gives you the answer.

Get intouch with Myles at [email protected]

  continue reading

35 episodes

Artwork
iconShare
 
Manage episode 492831689 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

97% of hedge funds underperform the market over 15 years.
Most financial advisors don’t even invest in the products they sell you.
And yet — they still charge you 1–2% every year, whether or not they add value.

In this episode, we expose how the financial advice industry works — and why hedge fund managers, financial planners, and wealth management firms often win even when you lose.

We cover:

  • The 2 and 20 fee model and why it’s rigged against ordinary investors
  • What a financial advisor actually does — and doesn’t
  • The difference between a financial advisor vs planner
  • Why low-cost index funds routinely outperform expensive “expert” portfolios
  • How commissions, model portfolios, and hidden incentives drive most recommendations

We finish by showing how Bitcoin offers an alternative: self-custody, no silent fees, no middlemen, and no need to “beat the market” to preserve value.

If you've ever asked, “Are financial advisors worth it?” — this episode gives you the answer.

Get intouch with Myles at [email protected]

  continue reading

35 episodes

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