The Audible Advisor with Spiros Vassilakos: Recent Episodes
Spiros Vassilakos
Join Spiros Vassilakos, President & Financial Advisor with Athenian Private Client Group in Largo, FL, as he provides you with excellent financial and retirement planning education on every episode. You'll learn about investing, the markets, proper planning strategies and everything from 401(k)s and IRAs to mutual funds and annuities. Spend about 15 minutes with Spiros each show to increase your money wisdom and get closer to achieving your financial goals. If you have questions, contact Spiros at 727-754-8418 or visit https://athenianprivateclientgroup.com for more information.
Behavioral finance plays a crucial role in the financial planning we do at the Athenian Private Client Group and it’s part of the Human Element Program we roll out for clients. Today we want to explore the psychology of finance, explain our approach, and look at the role it plays in investing.
Here’s what we discuss in this episode:
0:00 – Intro
0:35 – Psychology of finance
2:27 – The questionnaire
4:34 – Observations
6:40 – Behaviors impacting investments
8:28 – The role of an advisor
11:35 – The first steps
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
When we think of retirement, we often imagine a life free of stress, full of leisure and relaxation. However, the truth is that retirement can be one of the most stressful events in a person's life. In this episode, we’ll look at the ways to proactively deal with the stress surrounding the retirement process.
Here’s what we discuss in this episode:
0:00 – Intro
1:31 – Adjusting to a new lifestyle after retirement
3:00 – Embracing new opportunities in retirement
4:50 – Changing priorities over the course of retirement
8:07 – Keeping a sense of perspective
9:52 – The importance of having a good advisor
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Send us a Text Message.
Each generation is currently navigating a unique part of the retirement planning experience. Right now, the baby boomers are retiring every day at record numbers. This major life event comes with a handful of financial planning questions that every baby boomer should be asking, and today we’ll do our best to provide some answers.
Here’s what we discuss in this episode:
0:00 – Intro
1:37 – Managing risk of market volatility
3:17 – Turning saving into retirement income
5:18 – Healthcare costs
7:19 – Passing along your wealth
9:52 – Maximizing Social Security benefits
12:06 – Downsizing or relocating in retirement
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Send us a Text Message.
Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement and show you how to craft a financial plan that's built to last decades, not just years.
One of the most challenging aspects of retirement is transitioning from a regular paycheck to creating your own income, but it can be made easier by working with a financial advisor. We’ll give you a look into our income planning process and explain why these mistakes could cost you. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.
Here’s what we discuss in this episode:
0:00 – Intro
0:45 – Importance of income planning
2:34 – Longevity
4:33 – Social Security
6:27 – Bonds
8:06 – Inflation
10:26 – Lifetime income streams
13:56 – Review and adjust
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Have you ever wondered what questions to ask your financial advisor, or why those questions are crucial? In today’s episode, we’re tackling exactly that. We're discussing the vital questions that bring transparency and depth to your financial advisory relationship.
It's about getting clarity on how advisors work, what they specialize in, and how they align with your financial goals. These are the questions you MUST ask your financial advisor. We explain why each of these items is important for identifying an advisor that will be a good fit and explain how we answer these questions from the people we meet with.
Here’s what we discuss in this episode:
00:00 - Introduction and Importance of Asking the Right Questions
01:19 - How Do You Get Paid?
03:59 - Investment Philosophy
05:03 - Advisor's Strengths and Specialties
06:59 - Establishing Communication Expectations
07:32 - Working with the Advisor or Their Team
09:16 - Educational Resources and Workshops
13:00 - Emergency Situations and Succession Planning
14:04 - Initial Meeting Process
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards.
Here’s what we discuss in this episode:
0:00 – Intro
2:00 – 401k match
3:28 – Tax-deferred accounts
5:17 – Emergency fund
6:18 – Cash out retirement plan early
8:47 – Delaying home maintenance
10:23 – Social Security
12:53 – Health
14:36 – Wrong advisor
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Every generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER…and that was retirement planning. Let’s talk about why on today’s episode.
Here’s what we discuss in this episode:
0:00 – Intro
2:01 – Job and company loyalty
3:39 – Personal Savings
5:15 – Housing market
7:14 – Investing
9:24 – Interest rates
11:16 – Healthcare costs
13:35 – Life expectancy
14:51 – Social Security
16:40 – Sandwich generation
18:20 – Financial Literacy
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: svassilakos@athenianpcg.com
Watch the show on YouTube: https://bit.ly/3VmzCUx
Market volatility became the norm in 2022. Are we in for more of the same in 2023? We’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility.
Here’s a little of what you’ll learn on this episode:
- Mergers & Acquisitions says “signs point to more market volatility in 2023”. Here are our thoughts. (2:32)
- Should you have a different growth strategy considering the market predictions for 2023? (8:22)
- The difference between a plan and emotion-based decision-making. (11:45)
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: AthenianPCG@Cambridgesecure.com
Most of us will have made a financial mistake or two in our lifetime, some small, and some big. It’s much easier to make a big mistake when major life changes occur and emotions are at a high.
Let’s explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life.
Here’s a little of what you’ll learn on this episode:
- What should I do with my 401(k) when changing jobs? (2:13)
- How does divorce impact financial decisions? (4:32)
- An inheritance can go to waste if you don’t know what to do with your money. (8:26)
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: AthenianPCG@Cambridgesecure.com
Sometimes you need to find a new financial advisor. Other times, you might think you need a new advisor, but really, you’re just guilty of thinking that the grass is greener on the other side.
Today we’re sharing some common scenarios and whether they’re legitimate reasons for leaving your advisor. We’ll share some hypothetical scenarios and see if any of these apply to you.
Here’s a little of what you’ll learn on this episode:
· Should I leave an advisor who made a mistake? (2:25)
· Should I leave an advisor who doesn’t have as much time for me? (5:06)
· Should I leave an advisor who is not very engaging and outgoing? (7:41)
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: AthenianPCG@Cambridgesecure.com
Just like the lights on your dashboard can indicate if something is wrong with your car (like low tire pressure or leaking oil), there are indicators in your financial life that might point out that you have a problem that needs to be addressed.
On this episode, we’re going to give you five different warning signs that should drive you to meet with a financial professional. It might end up that you don’t need to take any further action, but the sooner you can get on top of an issue, the better off you’ll be over time.
Here’s a little of what you’ll learn on this episode:
· How we help clients determine how much it will cost to fund their retirement lifestyle.(2:16)
· Why you shouldn’t get hung up on your net worth or a certain account balance. (4:51)
· Planning for your retirement won’t be the same as it was for your parents. (8:56)
· The 5 things we tell people to do during times of market volatility.(12:57)
· Why healthcare expenses might be harder to plan for than you expected. (15:20)
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: AthenianPCG@Cambridgesecure.com
At this time of year, you can find football on TV almost every night of the week. Many of our clients are cheering on the Bucs each week along with the entire city as we hope for another championship season.
You might not realize it but football can teach us quite a bit about financial planning. So, let’s take some concepts from the game of football and apply them to our retirement. You might watch the game a little differently next time after listening to this episode.
Here’s a little of what you’ll learn on this episode:
· What is the financial red zone and why is it critical for planning?(2:12)
· Running a ‘hurry-up’ offense could create financial problems.(4:39)
· How to get your financial plan to the victory formation.(8:14)
· How coaching makes a huge difference in money like football.(12:26)
Have questions or want to get your financial plan started? Here's how to contact us:
Website: https://theaudibleadvisor.com/
Phone: (727) 754-8418
Email: AthenianPCG@Cambridgesecure.com
Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation.
On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.
Join us on today’s episode to learn more about these topics:
·· What is the appropriate amount of risk for a retiree? (2:58)
· Here are different ways you can use life insurance throughout your life. (5:34)
· Is there such a thing as good debt? (8:13)
· Is an annuity right for you? Find out here. (12:04)
Donate to the Florida Disaster Fund:
www.Floridadisasterfund.org https://www.volunteerflorida.org
For more, visit us online: https://theaudibleadvisor.com/
Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations to which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.
Having satisfaction in retirement could mean many things. What it really boils down to is needing to take the proper steps to prepare yourself, so you enter into retirement confident and at ease.
Join us on today’s episode to learn more about these topics:
· The mindset shift that could help you to have peace of mind in retirement. (1:47)
· Here are ways you can diversify your income to give you a supplement to your retirement. (3:40)
· How to gain confidence in your retirement plan. (4:49)
· Why you need to account for future healthcare costs. (7:36)
For more, visit us online: https://theaudibleadvisor.com/
When questions come into our office or the show, we love to dive into each scenario and work to find a solution or strategy that fits the individual’s needs.
On this episode, we’re going to tackle a number of questions that we’ve received recently. From using commission payments for retirement saving to tax planning to retirement savings allocations, we’ll hit on a wide variety of topics. Hopefully you’ll hear something that you’ve also wondered about during the show.
Join us on today’s episode to learn more about these topics:
· Is it okay to count on commission payments for retirement savings? (1:56)
· Planning strategies for lowering taxes in a given year. (4:08)
· Is 80% of retirement savings in a money market account too much? (6:21)
· Should you pay off your own mortgage before purchasing any investment property? (9:31) For more, visit us online: http://audibleadvisor.com
On any given day, we can address any number of questions and concerns from clients but we always get a few topics that come up more than the others.
That’s why we’ve decided to compile a list of the things we’ve been talking about with clients recently and spend some time on each of them. These are some common questions, but they’re also important for retirement and ensuring that you know what you should and should not be doing with your financial plan.
Join us on today’s episode to learn more about these topics:
· Is it a good idea to borrow from your 401(k)? (2:09)
· What you need to consider before investing in a variable annuity. (5:40)
· The common retirement traps that we tell people to avoid. (8:40)
· What would we say is the worst enemy for investors during financial down markets? (11:26)
· How you choose to live your retirement will be a major factor for building your portfolio (15:27) For more, visit us online: http://theaudibleadvisor.com
Most people are a bit concerned about the current bear market we are facing. Whether this lasts for a few months or years are yet to be seen, but there is plenty of opinions going around in the media.
If you’ve never handled a bear market or if you are closer to retirement, who should you be listening to when it comes to protecting your portfolio? On today’s episode, we’ll break down a few of these expert opinions and decide whether we agree or disagree with their advice.
Join us on today’s episode as we break down these expert opinions:
· Phil Orlando expects the market to dip another 10% over the summer. He favors value stocks over growth stocks and clarifies that holding cash is an attractive option for investors. (2:32)
· Sam Robson says the bear market is a fantastic opportunity for long-term investors. (5:40)
· Bill Stone says there is a silver lining with the stock market: the market is bound to have a strong rebound eventually. (7:11)
· Be aware of making emotional decisions during turbulent times. (10:11)
Do these financial experts have a point? Probably all of them do, but it’s all about having a customized and detailed plan that fits your retirement needs. Listen to today’s episode to learn Spiro’s advice and opinions on the current bear market.
For more tools, visit us online at http://theaudibleadvisor.com
Going through a divorce at any age is difficult, but doing it near or in retirement adds all sorts of additional complications. On this episode, we’ll talk about some of the financial mistakes we see people make in the midst of a divorce.
Here are some of the things you’ll learn on this episode:
- Why choosing the house over other financial assets might not be the best result over the long-term.
- The tax implications that you’ll need to keep in mind when dividing assets.
- ·The role your advisor will play in the divorce process and why it’s valuable to have someone to work with along with your attorney.
**Key Topics on This Show:
2:00** – The role an advisor plays
3:32 – Choosing the house
6:09 – Tax implications
8:02 – Rolling over a 401(k)
9:47 – Emotional decisions
12:26 – Getting the help you need
For more tools, visit us online at http://theaudibleadvisor.com
Let’s see if your tolerance for risk matches your financial plan. What should you do if that balance is out of whack? What if you’re a natural risk-taker, but you really shouldn’t be when it comes to your finances? We’ll explore all of these angles as we break down the role of risk in your financial and retirement plan.
Here are some of the things you’ll learn on this episode:
- How often do people have a portfolio that matches their risk tolerance.
- What we do to help clients identify their comfort level with risk and how that translates to how they're allocated.
- Why people often end up taking on more risk than they need to in retirement.
The show rundown:
0:30 – Current state of the market
2:01 – How many clients are comfortable with risk?
4:26 – Matching portfolio with risk tolerance
5:57 – Understanding your risk tolerance
7:49 – Taking on too much risk
9:35 – Reducing risk but still maintaining growth
11:52 – Helping our clients with risk
14:01 – How to get help with your risk
For more tools, visit us online at http://theaudibleadvisor.com
In today’s economy and the possibility of a long-term market downturn, a lot of people are searching for a financial advisor. What differentiates an advisor who does the bare minimum versus those who will go above and beyond?
An advisor that works with every type of client probably has less time to dedicate to you. If they are only telling you good news, you may want to be wary. On today’s episode, we’ll break down some of the big red flags you need to keep a look out for when you start working with a financial professional.
**Key topics on this episode:
0:30** – People are looking for advisors
2:24 – Stanley Cup Finals!
3:47 – Works with all clients
5:39 – Only good news
7:18 – Ask the right questions
8:21 – Uses a lot of jargon
10:58 – High level of certainty
13:00 – More talking than listening
Get additional information: https://theaudibleadvisor.com/
We usually talk about the steps people need to take to have financial success, but oftentimes retirement is more about what you don't do. Let’s face it, we’re all human and mistakes are part of life, but we have to be aware of where the pitfalls often are.
Today we’ll explore the common ways that people make mistakes with their money and help explain what you can do to avoid these missteps.
Key topics on this episode:
2:32 – Fear and greed driving decisions
3:59 – Loss aversion bias
6:37 – Making investment choices just to save on taxes
8:14 – Sitting in cash for too long
11:00 – Overthinking every decision
13:15 – Blindly following financial advice
15:24 – Helping our clients
Get additional information:https://theaudibleadvisor.com/
We are opening up the mailbag today to answer some of our listener’s questions about various financial and retirement topics. Kenneth’s daughter wants to go to a private college, can he justify the large tuition bill? You need to consider the fees, rent, and books you’ll also have to pay for but there are a few options out there you can consider.
Tracy wrote in wondering how an advisor like Spiros could help her as she is emotional about finances. We focus a lot on behavioral finance and make sure our clients are prepared with a robust plan. Join us today as we explore these questions and more on CDs, life insurance payouts, and convincing spouses to retire.
Key Points:
0:40 – Getting ready for the summer
1:56 – Can I justify paying for a private college?
4:00 – Should I budget before meeting with an advisor?
5:00 – I am emotional about money; how can you help me?
9:37 – How much money in the bank is too much?
11:11 – What should I do with a life insurance payout?
14:27 – How can I convince my husband to retire?
Get Additional Information:https://theaudibleadvisor.com/
Birthdays start to lose a lot of the excitement they had when we were younger, but that doesn’t mean certain ages aren’t worth celebrating a little more than others as we get older. That’s especially true as it relates to retirement planning because there are a handful of birthdays that will present you with new opportunities.
As we take you through the most important birthdays in retirement planning, you might be aware of some of them, but we find that most people don’t know about everything we’ll discuss. But you want to be prepared for each of these ages because there are planning decisions that need to be evaluated with your advisor, and that’s what we’ll do on this episode.
Key Points:
1:17 – 50
4:09 – 55
5:23 – 59.5
7:40 – 62
10:20 – 65
12:32 – 66 or 67
13:45 – 72
15:32 – What you can do right now?
Get Additional Information:https://theaudibleadvisor.com/
If you aren’t working with an advisor you could end up guessing a lot when it comes to planning for retirement. On today’s episode, we are going to break down some of retirement’s most important questions and what can go wrong if you end up guessing at them.
Do you know how much income you’ll need in retirement? You need enough to last throughout retirement and reach your goals, but you probably don’t want to work longer than necessary. How much do you need to save for those major purchases and how is that different than emergency funds? If you know you’ll be paying for a child’s wedding or your house needs some new appliances, it’s always a good idea to budget those things into your overall retirement plan. Join us today as we explore these questions and why planning is almost always better than guessing.
What We Discuss Today:
0:39 – Do a lot of people guess?
1:23 – How much income do you need?
4:36 – How much do you need for major purchases?
6:59 – Do you go over these things with pre-retirees?
8:01 – How much is inflation impacting you over time?
10:00 – What typical percentage of inflation do we plan for?
11:09 – How much will healthcare be in the future?
14:15 – Covering healthcare in retirement
15:26 – Working with an advisor instead of guessing
Get Additional Information:https://theaudibleadvisor.com/
When it comes to your money, you might have several different voices in your head— maybe the voice of greed, or the voice of fear, and sometimes the voice of wisdom. On today’s show, we are going to discuss how we can recognize the voice of greed, how it may impact our retirement planning journey and some of the ways we can prevent ourselves from making greedy decisions.
When the market is doing great, you may be tempted to get more aggressive in your portfolio. You have to understand the market goes up and down. Being more aggressive won’t match everyone’s plan. On the other hand, if you hear of a new investment from your friend or a new segment, you probably are too late into the game to get in early. Let’s look at some other ways you may hear from the voice of greed so you know how to recognize it…
What We Discuss Today:
0:54 – Investing aggressively
4:40 – Listening to the news
7:49 – Keeping up with others
10:35 – Taking out your emergency fund
12:10 – Doing it on your own
Get Additional Information:https://theaudibleadvisor.com/
Whether you realize it or not, most of us have some kind of bias when it comes to money. On today’s episode, we are going to explore four main biases that probably impact most of us to some degree and how we can overcome these barriers.
Recency bias could cause you to lose money when the market is volatile. With loss aversion, people are looking for less risk when they really don’t need to be. So how do we avoid these biases and make sure our plan is protected? The goal of behavioral finance is truly to understand why we make certain decisions and how these decisions will affect our finances.
**What We Discuss Today:
1:29 –** What is behavioral finance?
2:19 – The key points of behavioral finance
4:52 – The recency bias
5:43 – Emotional decision making
6:28 – Loss aversion
8:10 – Overconfidence
8:57 – Anchoring bias
10:14 – Don’t get too caught up
12:31 – Understanding your values
13:18 – A client impacted by bias
14:43 – The first step in your plan
Get Additional Information:https://theaudibleadvisor.com/
Retirement planning isn’t always about dollars and cents. At the end of the day, financial planning is about your values and what you want your future to look like. On today’s episode, we’ll discuss some common values people incorporate into their retirement plan and how these direct the planning process.
For most people family really influences how they are saving for retirement. Will you travel to see grandkids? Do you want to pass money on to them? Faith, education, career, charity, and simply having fun are all important things to consider when building out your plan.
**What We Discuss Today:
1:43 –** Family
3:12 – Faith
4:42 – Career
7:50 – Education
9:13 – Charity
10:37 - Fun
Get Additional Information:https://theaudibleadvisor.com/
We are opening up the mailbag today to answer some listener questions. A lot of questions come up during the financial planning and retirement planning process and we want to help you sort through them.
Is it okay to touch your retirement savings early? This will depend on your situation; a lot of clients have more money than they realize.
How much company stock is too much to have in your 401(k)? We recommend about 10% or 15%, we want to protect your future if something were to happen to that company.
Join us today as we discuss listener questions on retiring early, improving your savings, and more.
**What We Discuss Today:
1:41 –** “I’ve been on disability previously, but now my benefits are being discontinued. Is it okay to take from my retirement savings instead?”
3:37 – “How much is too much of company stock in my 401(k)?”
4:49 – “How can I get motivated to save more?”
6:24 – “I’m too young to take money out of my accounts, am I stuck working?”
9:57 – “I’m thinking of having my mom sign her house over to me so she can avoid going into a nursing home. Is this a good move?”
10:33 – “Do I have too much money in the bank?”
Get Additional Information:https://theaudibleadvisor.com/
What can you do now to be in better financial shape at the end of the year? Think about reducing your debt, boosting your retirement savings, or starting a budget.
As we’ve learned the past few years, it’s more important than ever to stay level-headed when investing and to not make emotional decisions based on headlines.
Making smarter financial decisions now means having a more prosperous future. On today’s episode, we’ll explore 22 ideas to implement in 2022 that could enhance your retirement plan and stabilize your financial future.
**What We Discuss Today:
1:05 –** Reduce your debt
2:06 – Boost retirement savings
2:48 – Prepare for the unexpected
3:44 – Don’t overreact to headlines
4:11 – Implement a budget
4:38 – Meet with an advisor
5:36 – Check your beneficiary designations
6:08 – Have those tough conversations
7:24 – Audit your insurance
8:09 – Think about refinancing
8:51 – Organize your financial life
9:27 – Check your credit
9:57 – Check your fees
10:32 – Share your knowledge
11:19 – Look for donation opportunities
12:26 – Review your tax bracket
13:10 – Think about a Roth conversion
13:59 – Update your paycheck withholdings
14:52 – Rebalance your portfolio
15:56 – Plan out your retirement transition
17:07 – Consolidate your accounts
18:11 – Listen to more episodes!
Get Additional Information:https://theaudibleadvisor.com/
What is Spiros’ financial planning philosophy? How is he helping people with their financial futures?
A lot of clients come to us with a focus on four elements: family, career, lifestyle, and money. Our goal is to always help you reach those aspirations through a financial plan that reflects those dreams.
It’s always our hope you feel part of our family, we never want you to think of financial planning as a transaction. Education is one of our most important values. We want our clients to understand their plans and to have confidence in their financial future. On today’s episode, we’ll discuss our planning philosophy and process at Athenian Private Client Group.
What We Discuss Today:
1:30 – Focusing on the four elements
3:13 – What is our philosophy?
4:49 – What is your ‘why’?
5:53 – Spiros’ goal as an advisor
7:58 – What is the ‘how’?
9:12 – Financial virtues profile
11:37 – The first thing we do
12:05 – Behavioral finance side
Get Additional Information:https://theaudibleadvisor.com/
How do you find the right advisor for you and your situation? There are a lot of great advisors out there but they won’t all be the perfect fit for you. An advisor should ask about your goals and understand what values you hold when creating a financial plan. What do you want your financial plan to accomplish and why?
You want to be able to have transparent conversations with your advisor. At the same time, they should be honest and open about investment fees and products they offer. Having an advisor you can trust is essential. On today’s episode, we’ll discuss the expectations you should set with your advisor, the warning signs it may be time to move on, and more.
What We Discuss Today:
1:33 – Setting expectations with your advisor
3:28 – Warning signs to be aware of
5:28 – Communicating with your advisor
6:38 – Having an advisor during a market downturn
8:18 – When an advisor no longer meets your needs
10:14 – How do you know it’s the right fit?
Get Additional Information:https://theaudibleadvisor.com/
We are excited to introduce the first episode of the Audible Advisor podcast, with your host Spiros Vassilakos, the president of Athenian Private Client Group. Growing up in Brooklyn New York, he was driven to help people through the journey of financial independence.
His philosophy is simple: the more people understand and are involved in their financial plan the more confidence they have in their financial future. On today’s episode, we are going to take this opportunity to get to know Spiros and how he’s helping clients become more educated and confident in their financial decisions.
What We Discuss Today:
1:28 – How did Spiros get into financial advising?
3:34 – How did he end up in Florida?
4:51 – What sets him apart from other advisors?
7:05 – What’s his favorite part of being an advisor?
7:58 – Why loyalty is important to Spiros
9:01 – What does he like most about Largo?
10:28 – What does a typical weekend look like?
11:36 – What will you learn with the Audible Advisor podcast?
13:32 – Who is the ideal listener and client for Spiros?
Get Additional Information:https://theaudibleadvisor.com/