What makes a truly excellent financial advisor? In this episode of Mindful Money, we explore 12 key qualities that set the best advisors apart—from asking the right questions and providing clear, honest fee structures to offering proactive solutions and helping you stay on track during turbulent times. We also discuss why trust, emotional intelligence, and long-term planning matter more than flashy investment strategies. If you’ve ever wondered whether your advisor is truly working in your best interest, this episode will give you the tools to assess their effectiveness—and determine whether it’s time to seek a better financial partner.
In this episode:
(00:00) - Intro
(04:46) - What defines an excellent financial advisor
(05:59) - The 12 Markers of an excellent financial advisor
(06:05) - Asking questions
(07:19) - A clear fee structure
(08:31) - Not afraid to challenge
(10:02) - Clear explanations of process
(11:28) - A commitment to continuous learning
(12:29) - Emotional intelligence
(14:25) - Attention to detail
(15:33) - Time management and organization
(16:34) - A strong professional network
(17:18) - Proactive problem solvers
(18:07) - Stick to the plan
(18:58) - High client retention
Get full show notes and links at https://mindful.money.
ABOUT MINDFUL MONEY:
Do you struggle with money? You’re not alone.
Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration, it becomes destructive.
The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.
Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.
If you aren’t happy with your finances, feel like money takes more time than it should, or want to place your financial decisions into the broader context of your life, this show is for you.
Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy but do NOT improve outcomes.
MINDFUL MONEY RESOURCES:
Website: https://mindful.money
Jonathan DeYoe on LinkedIn: https://www.linkedin.com/in/jonathandeyoe
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🎙️Podcast Production by Turncast: https://turncast.com.
