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Friends With Money #120: Is financial advice worth the cost?

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Is it worth paying for financial planning, or can you do it on your own?

A financial adviser can be quite costly, so do you get value for your investment?

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with David Sharpe, financial adviser and head of Financial Advice Association Australia (FAAA), about the myths and benefits of getting help planning for your future.

friends with money podcast 120 is financial advice worth the cost

  • Does financial planning lack objectivity?
  • Is it worth it?
  • Is planning just for retirement?

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at media companies including BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice.

David Sharpe is chair of the Financial Advice Association Australia, and has been a financial planner since 2003. He has completed a Diploma in Financial Planning and holds a Bachelor of Commerce (Distinction) from Curtin University. David runs his own self-licensed financial planning firm, Globe Financial Planning, based in west Perth.