What is a Financial Planner - Part 1

In this episode, we are going to talk about what a financial planner is. Tim briefly explained the history of how the financial planning industry evolved from passive planning to actively giving out advice. Dan mentioned that here in LBW, we believe a proper financial planner's role should be both a financial consultant and a family office manager. With that in mind, we actively choose not to sell products but sell services. Nathaniel later pointed out that it's crucia...