95% of Financial Advisors Don't Work For You

Most people don’t realize that only a small percentage of financial advisors are true fee-only fiduciaries—the rest follow a weaker “best interest” standard or are dually registered, meaning they can earn commissions. In this video, I break down what those titles actually mean, how they impact the advice you get, and why choosing the wrong type of advisor can quietly cost you thousands. Time codes ⏲️ 0:00 Intro 1:16 Reg BI vs Fiduciary 6:11 Understanding Advisor fees 9:38 Big Firms: The Good, The Bad, The Incentivized 10:59 Real Cost of Fees 13:10 What are my options? 17:29 Putting It all together 🔗 Links: Broker Check https://brokercheck.finra.org/ Form ADVs for Advisors https://adviserinfo.sec.gov/ 👴Retirement Planning Software (Helps the Channel) https://go.boldin.com/talkhiggins 🛍️ Talk Higgins Merch: https://talk-higgins-merch.company.site/ 📧 Join my Email Newsletter for Free Insights directly to your Inbox: https://talkhiggins.ck.page/c530cca832 💵 Start your Airbnb journey using my link for free listing review and receive $40: https://www.airbnb.com/r/terrellh1006?s=6&t=061n1v 🌯Buy Me Chipotle https://talkhiggins.ck.page/products/buy-me-chipotle For business inquires please email at talkhiggins@gmail.com 📌Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Terrell may have an ownership interest in them – Please do not make buying or selling decisions based on Terrell’s videos. If you need advice, please contact a qualified professional.