Kitces & Carl Ep 34: Are We Making Financial Advice & Portfolios More Complex Than They Need To B

In our 34th episode of Kitces & Carl, Michael Kitces and financial advisor communication expert Carl Richards talk about how many financial advisors feel compelled to illuminate the complexity in a client’s financial plan as a means of justifying their value, and whether the ability to simplify complexity, especially as pertaining to the client’s investment portfolio, is really what defines an advisor’s value in the first place.

[kbjkelton]

I very much enjoyed your discussion! You make a great duo. Carl, you are a high level thinker and can take a step back, pause, and look at things from a different angle. Michael, you are a person who wants to understand how ideas translate into practice (very much like myself).

Michael, I remember you as one of the contributors to the RICP courses from The American College.
Carl, I recently subscribed to your weekly emails (which translate a complex subject into a simple thought provoking sketch).
I want to commend both of you for sharing your expertise to further your profession; keep up the good work!

[jarikjayhil]

I just started a course at the American College, and these talks should be required watching!

[edcastaneda]

Would love to hear your thoughts on succession planning.