MoneyWise

Rob West

Do You Need a Financial Advisor? with Ron Blue

November 6, 2020
00:00 24:57

Do I need a financial advisor? Proverbs 19:20 says, “Listen to advice and accept instruction, that you may gain wisdom in the future.” This advice is especially important when it comes to money and how you manage it. Today, host Rob West talks with Kingdom Advisors founder Ron Blue to discuss the necessity of having a financial advisor and what to look for when choosing one.

 

·      Your financial advisor should share the same values and worldview as you so they ask you the right questions. You can’t get the right answer from the wrong question.

 

·      Ron says the main thing his financial advisor does is keep him accountable.

 

·      Financial advisors should have no bias except to help you and guide you.

 

·      Your financial advisor should want more than anything else to help you identify your goals, values, and priorities. They should then base their advice around that.

 

·      It’s always good to know who your financial advisor has worked with in the past in order to judge how well they will work with you.

 

Here are a couple of questions we answered from our callers on today’s program:

 

·      How do I pass my home down to my son without paying capital gains tax?

 

·      I’ve never invested in the stock market and my family is telling me now is a good time to do so. I don’t know much about the stock market and I’ve gotten differing answers on whether or not to invest. Is this a good entry point for a novice, or is this a waste of time and money?

 

Ask your questions at (800) 525-7000 or email them at Questions@MoneyWise.org. Visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources like the MoneyWise app.

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About MoneyWise

MoneyWise is a daily radio ministry of MoneyWise Media. Hosted by Rob West, the program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

About Rob West

Rob West is the host of the nationally syndicated radio programs MoneyWise and The MoneyWise Minute heard on more than 900 radio outlets each day. Rob also serves as the President of Kingdom Advisors, an international community of financial professionals who are specialists in delivering biblically wise financial advice. Rob serves as primary spokesperson for the organization and gives leadership to organizational strategy.

A radio veteran, Rob previously co-hosted a live, call-in, financial radio program with his father from 1998 through 2008 at WAFG, Fort Lauderdale, FL. Rob has dedicated his professional career to working at the intersection of faith and finance having led a successful faith-based financial services firm, serving as the host of several radio programs on a biblical approach to finance, and speaking frequently on the topic. Rob and his wife, Julie, live in Marietta, GA with their four children.


 

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