MyMoney Online, The Personal Finance series with Warren Ingram

How to break up with your financial advisor

The financial advice industry is profoundly rooted in the relationship between client and advisor.

When the relationship has run its course, it still takes many people years to leave their advisor.

Most people don’t enjoy confrontation.

It may feel like you’re firing a friend.

The Money Show’s Bruce Whitfield interviewed Galileo Capital Finance Advisor Warren Ingram for his weekly personal finance feature.

Ingram spoke about how to break up with your financial advisor.

Scroll down for quotes from the audio below.

I know more about some of my clients’ lives than their wives or husbands!

Warren Ingram, Galileo Capital Financial Advisor

If you don’t feel comfortable asking difficult questions; this is a situation you need to rectify quickly.

Warren Ingram, Galileo Capital Financial Advisor

The moment your advisor don’t return your calls you need to end the relationship.

Warren Ingram, Galileo Capital Financial Advisor

I’ve ended about 12 relationships with paying clients.

Warren Ingram, Galileo Capital Financial Advisor

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How to break up with your financial advisor


Recommended

by NEWSROOM AI
Read More
How to build a business that will survive constant technological change

How to build a business that will survive constant technological change

The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.

How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

Will Government hit punch-drunk South Africans with more tax hikes in 2019?

Will Government hit punch-drunk South Africans with more tax hikes in 2019?

Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.

9 tough questions you should never be afraid to ask your financial advisor

9 tough questions you should never be afraid to ask your financial advisor

Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.

'Sars eFiling is stable, at the moment'

'Sars eFiling is stable, at the moment'

Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.

Why it matters how you pay your financial advisor

Why it matters how you pay your financial advisor

Does your financial advisor earn commission on products she sells you or do you pay her an hourly rate for her time?

Popular articles
How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

Plans to end death penalty in Malaysia could see seven South African lives saved

Plans to end death penalty in Malaysia could see seven South African lives saved

The Department Of International Relations says it welcomes plans by the Malaysian government to abolish the death penalty.

'It's unacceptable that government officials pay R75 for luxury apartments'

'It's unacceptable that government officials pay R75 for luxury apartments'

IFP national spokesperson Mkhuleko Hlengwa says the party is calling for a review of these rates that are a cost to taxpayers.

[WATCH] Man exposes people selling stolen goods on Facebook

[WATCH] Man exposes people selling stolen goods on Facebook

Anton Fourie says he used his phone to record the interaction to create awareness of what is going on in the community.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.

Funny Cape fashionista Nadia Jaftha making waves with her mom

Funny Cape fashionista Nadia Jaftha making waves with her mom

Fashion blogger Nadia Jaftha takes fans through her serious love of style, as well as her silly moments with sidekick mom, Nawal.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.