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Are investment fees really the silent killer of your portfolio, or is the real danger in ignoring the bigger picture? In this episode of the Financial Beast podcast, we uncover the truth about investment fees and reveal what truly drives long-term financial success. Learn how focusing on behavior, systems, and comprehensive planning can help you take back CONTROL of your financial destiny, maximize the value of your practice, and build personal wealth.

Practice owners, it’s time to stop chasing low-cost index funds and start building a system that works for YOU. We break down why the right financial advisor can add far more value than most realize—helping you navigate debt management, tax planning, wealth building, and even lifestyle behavior. Discover how to close the wealth gap and secure your financial freedom with proven strategies.

At Econologics Financial Advisors, we specialize in helping healthcare practice owners like you expand your business, pay yourself first, and grow your net worth—all through a customized financial system. Become a Financial Beast and start transforming your financial future today. Visit EconologicsFinancialAdvisors.com to learn more and schedule your consultation.

Remember, a strong plan backed by expert advice is your key to financial freedom. Don’t let myths about fees hold you back—take charge now!

#financialadvisorpracticemanagement #riskmanagement #financialstabilityboard #advisoryfees #financialadvisorprospecting

CHAPTERS:

00:00 - Intro

01:00 - Welcome Back to Financial Insights

02:10 - Debunking the Fee Myth in Investing

05:50 - Understanding Investment Fees and Value

10:20 - The True Value of a Competent Financial Advisor

12:16 - Measuring Your Financial Advisor's Value

17:05 - Importance of Accountability in Financial Behavior

21:01 - Do You Need a Financial Advisor?

22:10 - Getting Started with EFA (Education for Advisors)

22:55 - Starting Your Journey with Eric Gersh

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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

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Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.