episode: 90

How Much is Financial Advice Worth?

January 24, 2024

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Financial Advice and Investment Success

Can you quantify the value of financial advice? How does an advisor enhance your investment returns? What role does behavioral coaching play in your financial success? Dive into these compelling questions in our latest episode of The Empowered Investor. Join us as we explore the intricate relationship between financial advice and investment success, featuring the insightful expertise of Emile Bouchard from Vanguard.

In this episode, we delve deep into Vanguard’s groundbreaking research on the value of financial advice. Emile Bouchard, a seasoned professional in the financial services industry, shares his insights on how Vanguard’s approach to evidence-based investing and low-cost strategies is reshaping the industry. We dissect the critical components contributing to the value added by financial advisors, including portfolio construction, behavioral coaching, and holistic wealth management.

Wrapping up, we reflect on the evolving landscape of financial advice in the age of AI and robo-advisors. Discover why the human element in financial planning remains irreplaceable, fostering trust, understanding, and customized strategies that align with your unique life events and goals.

Thank you for tuning in!

The Value of Financial Advice

Emile’s background and role at Vanguard (1:37)
Overview of Vanguard’s research on the value of advice (3:11)
Importance of asset allocation and portfolio construction (11:49)
Emphasis on low-cost investments and their benefits (17:38)
Holistic wealth management and its impact (22:09)
The critical role of behavioral coaching (25:07)
Discussion on AI, robo advisors, and the future of financial advice (34:55)

Mentioned in this Episode:

Thanks for Listening!

Meet your hosts

Keith Matthews

Partner & Portfolio Manager

Marcelo Taboada

Associate Portfolio Manager

Lawrence Greenberg

Associate Portfolio Manager

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112 Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more! Follow The Empowered Investor on Facebook, LinkedIn, and Instagram

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