What Happens in a Periodic Review With Your Financial Advisor?

Today’s Prep:

Ever wonder what to expect during a periodic review with your financial advisor? Eric shares what this looks like depending on the client.

(Click the featured times below to jump forward in the episode)

Equipping Points:

On today’s show we talk through what it looks like when someone comes in for a periodic review with Eric. Everyone has a different personality type, so it can look different depending on the client.

Someone who wants all the data is very different from someone who just wants to know the big picture. Eric and his team talk through where the money invested started and explain where it is today. There are also a lot of questions to talk through in order to plan for the needs of the future.

Some people do not relate as well with the numbers, but there’s still plenty to discuss. Conversations may revolve around family and life goals, which is ultimately what your financial plan is all for. While a financial plan can be a serious topic to cover, it can also be a fun conversation, too.

You may have questions or need reassurances and the periodic review is a great time to discuss why your plan is set up the way it is. How are you feeling about the market? What direction are you headed? All of these questions will be answered by a trusted advisor during this meeting.

Listen to the entire episode or skip ahead to a particular question using the timestamps below.

[0:47] – What does a periodic review look like?

[5:23] – What kinds of things do you talk about with an advisor?

[10:39] – Get reassured about your plan in relation to what the market is doing.


Today’s Takeaway:

That’s what the review process is meant to do, to bring you up to speed and remind you why we did the things we did.

-Eric Peterson


Related Resources:

Mailbag: Advisor Reviews

More From Eric:

The host: Eric Peterson - Contact - Call: (515) 226-1500

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