January 28, 2021 | Episode 1

Your life, your money.

What Ditch the Suits is all about (00:40)

  • We believe there’s a lot of money to be made telling the truth (1:43)
  • The financial industry teaches advisors to fake it till you make it (3:33)
  • We came to understand you cannot fake your success to get to success (5:00)
  • Ditch the suits means let’s be straightforward and honest and take the sales out of it and undressing the financial industry (6:38)
  • This is your money and your life; we just want to help you to get more out of it (7:15)

When we knew it was time for us to ditch our suits (9:10)

  • People don't want products, they want guidance (11:32)
  • We knew there had to be a better way of doing things (16:58)

Why people seek out a financial advisor (22:00)

  • People trying to figure out if it’s worth working with a financial advisor (22:42)
  • As you accumulate more money, the mistakes you make are more costly (23:41)

Working with a fiduciary (27:18)

  • A fiduciary is a financial professional obligated to work in your best interest (27:23)
  • Most times you are dealing with the representative of the fiduciary but not the fiduciary itself (30:20)
  • You work with an advisor to make sense of things that don't make sense and to save money, save taxes and make good decisions with your money (37:28)

Why you should subscribe and follow this podcast (39:30)

  • Real-world experiences...real things real people are dealing with (40:10)
  • We want to empower you to ask the right questions (42:10)
  • Wealth is not just in dollars (44:25)