2020 Dec Ebook NewPDF

How Is Your Financial Advisor

Screwing You Over?

AND WHAT YOU CAN DO ABOUT IT

Bonus:

How To Stop Living Paycheck to Paycheck

Biggest Mistakes Most Clients Make When It Comes to

investing

The Simple Proven Process To Transform Your Life, Not

Worry About The Future And Finally Be Financially Free.

1

Table Of Contents

1. About the Author

3. Introduction

5. Chapter 1: Will You Or Your Financial

Planner Make More Money?

6. Chapter 2: Does This Sound Like You?

9. Chapter 3: Agenda

10. Chapter 4: Rat Racers & Rainmakers

11. Chapter 5: Everything We’ve Been Taught

is Wrong

15. Chapter 6: The Harsh Truth

17. Chapter 7: Procrastination is the Enemy

of Wealth

19. Chapter 8: Five Secrets Your Financial

Advisor Doesn’t Want You To Know

36. Chapter 9: Bonus Tip: Fees, Fees, Fees

41. Chapter 10: There is an Easier Way

43. Chapter 11: Quick Preview of New Model

45. Chapter 12: Timeline For Your Results

48. Chapter 13: New Highly Evolved System

49. Endnotes

1

© 2020 Hilton Financial Group, LLC

About the

Author

Erin Hilton, CFP®

Founder, Hilton Financial Group, LLC

Erin Hilton has more than 20 years experience working as a

Financial Planner, 401k Specialist, Financial Coach and Mentor.

She earned her CERTIFIED FINANCIAL PLANNER designation

in 2004 and was managing over $350 million dollars at the last

large firm she worked for.

After spending much of her career working for large institutions,

she realized that the traditional financial planning methods were

not sufficient. The idea of saving until you drop was not working

as well as it had in the past when savings was considered more

of a supplemental plan to pension plans.

Erin became a CFP® because she wanted to help people and it

was apparent that her hands were tied as long as she continued

to work for Broker/Dealers, banks, insurance companies or large

institutions where commissions and fees were more important

than the success of her clients.

Erin Hilton started Hilton Financial Group so that she could

provide her clients with advice that not only provided a

roadmap to financial freedom but also did it in a way that did

not screw them over.

Nurse’s Roadmap To Wealth

Connect with me on LinkedIn

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2


Introduction

How to stop living paycheck to paycheck

3


How would you like to stop living

paycheck to paycheck & increase your

cash flow without giving up all of those fun

things you enjoy?

Like traveling, or going out to dinner?

This is a picture of my daughter and I in

Venice, Italy. That was probably the best

trip of my life. Without the tools I’m going

to share with you in this book, we would

have never been able to take that trip.

4


Chapter 1

Will You or Your Planner Make

More Money

Everyday hardworking professionals are

making their money managers rich.

The sad truth is they don't have to tell

you that they get paid to push, I mean

suggest investments for you. With the

stock market skyrocketing you have had

a lot of opportunities to make your

broker very rich. But, not anymore!

Going forward, you will no longer be

clumped together with the vast majority

of investors that have no clue how bad

Will this be you or your

financial planner?

they are getting screwed. You will be in the know. You will save

hundreds of thousands of dollars from this information alone

Financial Freedom

Awaits…

5


Chapter 2

Does This Sound Like You?

Here is what I hear most from my clients:

• Overwhelmed and I don’t know where to

start.

• Have no idea what I’m doing.

• Completely stressed out, but hard to ask

anyone for help.

• Frustrated I can’t seem to get ahead.

• Lacking confidence in my financial future.

• Worried I’ll end up like my parents.

• Husband wanting to keep up with the

Joneses. Buying nicer more expensive

versions of things we don’t need.

• Have outstanding debt balances and

underfunded retirement accounts

• No emergency savings despite having

regular income.

• Not clear on exactly what I need

• Don’t know the difference between a Roth

401k and a traditional 401k

• SHIT THIS STUFF IS CONFUSING

• How will I pay for the kid’s college without

going into debt or sacrificing your

retirement?

• Feel controlled by my money which limits

my choices

• Missing opportunities to maximize my

wealth

• Feel guilty about money. Spending it on

myself, etc.

• Sick and tired of working hard and have

nothing to show for it.

• Unsure how much to save in my 401k

versus paying off debt.

• What funds should I pick for my 401k?

• No clue where I should be investing my

money. IRA, Roth, 401k and the list goes on

• Too busy to focus on my own investments

and wonder how will I retire?

• What the hell is a stock, bond and mutual

fund anyway? And do I REALLY have to

know?

6


Look Familiar?

It’s Not Your Fault

All of those questions can make you feel like this woman!

If you’ve been trying several strategies to change your financial condition and it hasn’t

worked.

ITS NOT YOUR FAULT!

There’s a lot of information out there and it can become confusing. Many times, that

information overload keeps you from success. It’s ok. Trust me, You’re not alone.

So, if any of that resonated with you, you’re in the right place. You just need the right person

to explain it to you.

I’m going to share strategies that can really transform your life.

Before now, I was unable to provide my clients with the advice they needed. I managed over

$350 million dollars, but the limited time I had to help my clients was not enough for them

to succeed and honestly, we were paid to sell products, not give advice.

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Financial Freedom

I’m going to share strategies that can really transform your life.

Before now, I was unable to provide my clients with the advice they needed. I managed

over $350 million dollars, but the limited time I had to help my clients was not enough

for them to succeed and honestly, we were paid to sell products, not give advice.

I became a CERTIFIED FINANCIAL PLANNER because I really wanted to help people. I

truly care about your success and I want to tell as many people as I can how to achieve

true financial freedom by shifting your mindset from the traditional planning methods to

a new one.

Most Financial advisors are currently unable to

provide you with the guidance required to

accomplish these goals. This is the EXACT

reason I’m doing this. I want you to fulfill

all of your goals, not just how to invest your

money. True financial planning requires you

to know how to manage cash flow, understand

the basics of creating a budget, be skilled in

tax-law, have a good understanding of insurance

products, and much much more.

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Chapter 3

Agenda For This Book

I’m also going to share with you…

The Biggest Mistakes Most Clients Make

When It Comes To Investing

The 5 Secrets Your Financial Advisor Will

Never Tell You.

The Simple, Proven Process To Transform

Your Life And Start Making Money Work

For You.

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Chapter 4

Rat Racers & Rainmakers

Now, I’m sure you’ve noticed that people fall into 1 of 2 categories:

1. Rat Racers

These are the people who have some

money sometimes, but no money most of

the time.

They are consistently trying to get ahead,

but no matter what they do, they are still

living paycheck to paycheck.

#2. Rainmakers

Then there are the Rainmakers. People

who are ABSOLUTELY crushing it!

Building CTA wealth GOESand HERE spending less time

doing it.

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9


Chapter 5

EVERYTHING we’ve been taught is

WRONG

So, what is it that allows some people to have it all together, while

others are living paycheck to paycheck?

After spending thousands of dollars, 2 years of my life and 20 years in this industry,

I have finally discovered that everything we’ve ever been taught about financial

planning is WRONG!

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Traditional Financial Planning

So, Let’s talk about what everyone is doing right now. These are the “traditional

solutions” for reaching financial freedom.

Most people hire a financial planner to help you invest the money you’ve

ALREADY saved.

You will meet with an advisor & they will ask you the standard questions that

you will not know the answer to. Such as when will you die? What age will

you retire? Will any emergencies arise that you are unaware of?

You’ll listen to a bunch of financial jargon you probably don’t understand. And,

if the ADVISOR is lucky, you’ll consolidate all your money with him or her.

You see, this is the point of these meetings. SELLING PRODUCTS

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IMPORTANT!!! DO NOT SKIP THIS PAGE!!!

That is the ONLY goal of the meetings. No where in there will he/she tell you

how in the world you’re going to increase your savings. Or discuss creative

retirement strategies, such as mini retirements along the way. On top of that, the

only investments they will discuss with you are paper assets (Stocks, bonds, and

mutual funds), oh and insurance products (annuities & life insurance) No

discussion of other ways to save, such as real estate, or owning a business.

The planning is typical and ordinary. Accumulate enough money, so you can

retire when you’re x years old. There is no time for creativity. Those options are

not discussed, because your planner does not get paid to use creative solutions.

They are paid to sell products. Period.

The meeting with your planner usually lasts about an hour and after that you

may meet him/her semi-annually or annually to make sure you’re on track, AKA

- make sure you don’t have any other outside assets to consolidate.

And as long as your balance is going up, you’re pretty happy, and you THINK

you’re doing enough, or at least you HOPE you are.

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Does that process fee like this?

Like going to the dentist? Meetings with your financial planner are not

particularly fun. So, it sort of gives you the illusion that you have done all that

you need to.

You feel satisfied for simply going to the appointments and not canceling…

and again, as long as your balance is going up, you don’t question anything.

You just hope and presume that you have done enough to achieve your goal.

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Chapter 6

The Harsh Truth!

Here’s the problem- The harsh truth about this.

TRADITIONAL FINANCIAL PLANNING DOES NOT WORK (1)

If these solutions worked, why are more than 95% of the population

failing to retire with financial security? (2)

Why are more than 25 million seniors living below the poverty line. (3)

And, why are 21% of married retirees and 43% of single retirees

dependent on Social Security for more than 90% of their income. (4)

1/3 rd of senior households has no money left over each month or is in debt after meeting

essential expenses. (5)

Millions of older Americans are at risk for hunger. In 2016, 8.6 million (13.6%) Americans

over the age of 60 faced the threat of hunger. (6)

An average, a retired couple will need $295,000 saved (after-tax) to cover health care

expenses alone in retirement. (7)

So, can we agree that the current methods are NOT working?

This is a huge epidemic and it’s only going to get worse!

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There Is Hope!

Financial Success Is A Process Not A Plan

However, I will tell you right now there is hope!

When I met with clients before I always knew they needed to know more.

Financial success is a process—not just a plan.

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Chapter 7

Procrastination is the Enemy of Wealth

You need to step on the gas pedal!

I cannot emphasize this enough. DO not push it off anymore.

The only way for you to exponentially grow your wealth is by taking decisive

action now. Especially, if you are behind. If you haven’t started saving and you’re

25 years old, you are behind.

If you are in that category, you cannot afford to waste any more time.

Take a look at the following example. It will illustrate how much it will cost to

save a million dollars. Average retirees will need at least double that amount.

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The Cost of Procrastination

How much do you have to save to have $1,000,000

at Retirement?

Assuming 7% return, tax deferred investment and reticent at age 65

Let me show you why it’s important to not waste another minute.

This chart compares the total out of pocket cost per year to have $1,000,000 at age 65

for retirement.

So, A 25 year old would need to save approximately $5000/yr or $400 dollars per

month to have $1,000,000,

a 35 year old would need to save $10,500 dollars per year or almost $900 dollars per

month and

a 45 year old would have to save approximately $24,500 per year or a little over $2

thousand dollars per month.

If you cannot afford to save that much now, then you need to reduce your expenses.

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Chapter 8

5 SECRETS

Your Financial Advisor Will Never Tell You

So, let’s get onto the REAL reason you’re here.

What is your Financial Planner hiding from you?

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If your advisor works for one of the

thousands of Broker/Dealers, or insurance

companies, such as LPL, Ameriprise,

Raymond James, Valic, Cambridge,

Northwest Mutual, Wells Fargo, Fidelity,

Edward Jones, Merril Lynch, Voya, Waddell

& Reed, AXA, any bank, to name a few,

then your advisor was going to be required to act in your BEST INTEREST when handling

your retirement accounts. Unfortunately, that rule never went into effect and was officially

vacated in March of 2018 when a number of insurance companies and investment firms

sued the DOL. Now this is really important for you to understand. These companies SUED

the DOL because they did not want to do what was in YOUR BEST INTEREST. The reason

why is because they stood to lose trillions of dollars in excess fees they are charging YOU.

And they won!

DOL’s Fiduciary Rule

SEC’s Regulation BI

First of all, let me explain what was supposed to happen in

2016.

For a very long time, the rules and regulations that govern financial advisors have not

uniformly required all advisors and planners to act as fiduciaries (act in your best interest) at

all times. According to NAPFA (National Alliance of Professional Financial Advisors), this

should be the bedrock upon which the financial planning profession rests.

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DOL’s Fiduciary Rule

SEC’s Regulation BI

So, in place of the DOL rule, the SEC provided an alternative solution, called

Regulation BI (Best Interest). The intention was to bring clarity to consumers

looking for help with managing their wealth. However, Regulation BI has come

under scrutiny by 8 state attorneys general and a group representing investment

advisors who have formed a coalition. The coalition seeks to vacate the rule and

compel the SEC to issue a replacement that would be consistent with Congress’s

intent. I will dissect what all of that means for you which I will dissect for you in a

minute. Congress intended that a key policy goal of the law would be

A uniform fiduciary standard for both broker-dealers and investment advisors

when providing personalized investment advice.

In other words…. Congress wanted financial advisors to be required, no

matter who they worked for, to act in the best interest of their clients. To

always act in YOUR best interest.

NAPFA and a group of key stakeholder organizations who believe mere

adherence to the SEC’s Reg BI “best interest standard” is insufficient to protect

investors. Therefore, they issued a statement that the Regulation BI rule package

“is based on new, misleading and undefined “best interest” concept that is not

equivalent to a true, robust, fiduciary standard… weakens investor protections,

and threatens to increase public confusion about the different categories of

financial professionals and the standard of conduct they are held to.”

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Secret #1: Ask The Magic Question

“Are you a FIDUCIARY?”

So, in order to find out easily whether your financial advisor is working in your best

interest or not, this is all you need to ask.

Secret #1: Ask your advisor/planner or potential advisor/planner the magic question,

“Are you a fiduciary?” And more specifically, ”Are you acting as a fiduciary the entire

time we are working together?

This way, you don’t need to worry about any of legal arguments going on in congress

or in your state. This one question will ensure that you will be getting non-biased, good

advice that is not subject to any commission.

If your financial advisor is a FIDUCIARY, then they must recommend what is actually

in your best interest, not even what’s in your best interest, but the recommendation has

to be better for you than for them. They also cannot charge more than reasonable

compensation or make misleading statements.

Isn’t it crazy that most financial advisors are not required to adhere to these rules,

especially since in many cases they are handling your life’s savings?

22


Secret #1: Continued…

Contradictory to most people’s beliefs, the majority of financial planners are NOT

fiduciaries and are therefore not required to do what’s in your best interest.

I’m going to be very blunt here. I’m tired of all the crap financial advisors have been

feeding y’all. Have you ever thought that the big institutions and banks are all giving

you bad advice? Well, you’re right. Did you know that most financial planners

actually have incentives to sell you products that cost you more?!

I know this is a lot of information and is very complicated. Let me ask you this one

question, can you imagine giving advice to a patient that wasn’t in their best interest?

For example, let’s say you had medicine that you knew would cure your patient’s

disease, but instead of prescribing it, you prescribed something that will mask the

symptoms for a while. Masking the symptoms is suitable, but is it in the best interest

of the patient? I think the answer is obvious. So why should your financial advice be

any different?

The only way this is going to change is if more people find out about it and vote

against the politicians that are being swayed by the lobbyists representing the large

investment and insurance companies.

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Secret #2: Look Up Your Planner/Advisor

As an investor, some of the responsibility is placed on your shoulders. You need to

make sure your financial Adviser at a very minimum has not been sued by clients, has

no disciplinary items on his record and is currently registered.

Fortunately, there is a website you can look all of that up on: www.brokercheck.com

You can look up your advisor by his name, company and zip code or just by the

company name and zip code.

BrokerCheck can tell you if an individual or firm is registered. It provides an overview

of an individual’s work history, as well as the firm’s history. BrokerCheck also provides

other important information such as regulatory actions, criminal convictions and

customer complaints involving the investment professional.

24



If your financial planner is a CFP®, Certified Financial Planner, then there is

another place you can find information.

The second place to look is on www.Letsmakeaplan.org. Here you can find out if

your financial planner is actually certified.

If you are working with a CERTIFIED FINANCIAL PLANNER, that license will

override the designations such as the series 65 and series 66 you will find in the

above site. In other words, if you cannot find your advisor in brokercheck.com,

but he/she is found in the below search, that just means they are solely acting as

an investment advisor, versus acting as an agent or registered representative at a

Broker/Dealer. It’s not bad.

25


Secret #3:

Wealth is about how much you keep, not how much you make

You don’t have to make a lot to have a lot. Wealth IS ALL about CHOICES. It’s beliefs.

It’s mindsets.

This is another reason why “traditional

financial planning” doesn’t work.

Wealth Is About Choices

I’m sure you’ve noticed how there are teachers or postal workers for example with

small salaries that achieve wealth while highly paid lawyers and doctors can die

broke. Wealth isn’t based on anything out of your control.

Every person reading this has the same amount of time -24 hours in a day and 365

days in the year. You all have access to the same information, yet it all depends on

the choices you make and the mindset you have.

“Wealth is not built on the amount of money you make. Wealth is built on proper

money habits”.

The biggest mistake most people make is they think they need a lot of money to make

a lot of money. And the truth of the matter is -the greatest investors started with very

little.

26


Theodore Johnson - Worked for UPS

Earned $14K/year - Retired with $70 Million

This picture was taken from an article in the NY

times in 1991.

He worked for UPS and earned 14 thousand

dollars per year. You would think, this guy's not

going to be rich because he doesn’t make that

much money.

But, that’s not true. Wealth is about choices. Well, Mr. Johnson made some smart

choices. He had discipline and saved every month into his 401k. He made sure his

expenses never exceeded his income. When he got raises, he saved more, instead of

buying more. And he retired with 70 MILLION DOLLARS. When he died, he was

able to give 36 million to charity. He ended up with a LOT of money and it WASN’T

because of he made a lot.

Anyone can do this. Everyone can afford to save, IF THEY WANT TO.

27


Kim Basinger & Mike Tyson

I’m sure you recognize her, Kim Basinger.

She was making $10 million dollars a movie and then

had to file bankruptcy.

What about Mike Tyson?

He’s another one that made a ton

of money- he became $23 million

dollars in debt and then had to file

for bankruptcy!

And he made almost half a billion dollars!

So, remember this, “it’s not how much you make, it’s how much you keep”.

“It’s not how much you make, but how much money

you keep, how hard it works for you, and how

many generations you keep it for”-

Robert Kiyosaki

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Secret #4

Advisors Use Cookie Cutter Solutions

Ok, so moving on to Secret number 4:

Advisors tend to give cookie cutter solutions.

They don’t have enough time to learn about you. They have an hour to meet with you

and that’s not enough time for your advisor to know everything about you in order to

create a financial plan that’s BEST for you.

Plus, Advisors are paid on the products you purchase and the money you transfer to

them and that’s it. They are definitely not rewarded if you succeed and they aren’t paid

to simply meet with you.

So, not only are they not always required to do what's in your best interest, they also

don’t have enough time to properly assess your situation in order to give you good

advice even if they wanted to.

Each client has specific needs and opportunities. For example, you may

have student loans and underfunded retirement accounts. Some of you may lack

confidence in financial matters and therefore neglect the task of financial planning all

together. You may not know how to budget your money or have clarity on where your

money is going. Depending on your circumstance, you also have different

opportunities to take advantage of strategies available to decrease your tax bill.

Your needs may not fit into the 5 or 6 model portfolios everyone else is boxed into.

Bottom line is you need someone that you trust, is a fiduciary, a CFP and has the time

to create a plan specific to your unique needs.

29


Secret #5

Beware of Who To Trust

Secret #4 Now this is a big one and can be really

complicated. Much more so than you know.

Who To Trust?

Who do you trust when The WAY the industry is

designed, (just like capitalism) it’s designed to

first benefit the industry or the company such as

Merrill Lynch, Fidelity, Wells Fargo, the banks,

Insurance companies, etc.. Therefore, the FIRST

goal is for the company to make the most money,

THEN the advisor and lastly the consumers..

YOU

What this means is that even if your advisor is

your friend, or your brother, or your neighbor or

your mom’s hairstylist’s sister,.. even if they care

about you- because of the way the industry is

designed you are still getting screwed. -( See a

pattern??)

It’s not the advisors’ fault, but if you are in the system – no matter how much they love you

they don’t have the options that fee only advisors have.

Just a quick tip I’m going to throw in. There is a HUGE difference between “Fee-based”

and “Fee-only”: Blurring the difference, commission-based agents and broker/dealers

created the category dubbed "fee based," which means they charge a fee in addition to

collecting commissions. Study after study show that even consumers seeking a strictly

fee-only advisor find these terms confusing.

Fee-Only Financial Planner: What’s The Difference?

30



Continuing with Secret #5 Is Who to trust to

manage your money?

The title “financial advisor” is used loosely,

requires no specific experience and if they have

credentials, they are vast.

You know when dealing with a physician they have completed medical school and their

boards. Your attorney finished law school and passed the bar. Heck, even your Uber driver is

licensed and insured.

Unfortunately, when it comes to my confusing world of the financial services industry you

cannot make this same assumption.

It’s difficult to determine the level of expertise without understanding the credentials.

and It’s common for financial advisors to believe they are doing the best thing simply

because

they don’t know any better. Financial planning is complex, but it also has a lot to do with

your beliefs and behaviors, and tragically, this part is not taught in the financial planning

industry.

31



So, this is what you need to ask to determine if you can trust your financial

planner/Advisor:

1. Is he/she a fiduciary (Secret #1)

2. How many years experience do they have? Need a MINIMUM of 5

3. How are they paid? (Commission or Fees). Run if they say “commissions”

and if they say both.

4. Do you recommend using index funds and ETF’s? If they say “no”, run.

5. Are they a member of NAPFA. This is a bonus. Go to www.napfa.com to

learn more.

6. Are they ”Fee-based” or “Fee-only? You want to work with an Advisor that is

Fee-only.

7. And lastly, are they a CFP, Certified Financial Planner?

This was a quote from the CERTIFIED FINANCIAL PLANNER website, which I thought would illustrate the importance of your

financial planner having this credential.

“Most people think all financial planners are “certified,” but this isn’t true. Just about anyone can use the title “financial planner.”

Only those who have fulfilled CFP Board's rigorous requirements can call themselves a CFP® professional.

CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best

interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning

services to clients and pass the comprehensive CFP® Certification Exam before they can call themselves a CFP® professional.”

32



Therefore, it’s extremely important that you work with a CERTIFIED FINANCIAL

PLANNER and check out the other site for disciplinary actions.

This is a bit of an exaggeration, but it illustrates how important it is to find the

right advisor.

If you are looking for REAL financial planning, do not just rely on someone who says

they are a financial planner, or if their business card simply reads that.

You need to find the CFP or CERTIFIED FINANCIAL PLANNER credentials behind

their name too.

33


QUICK STORY Quick Story

Now let me tell you a quick

story.

I’ve worked with several clients

that had no idea how much they

were paying in fees.

Sometimes the financial advisor

wasn’t even aware of how much

they are charging. Like I said before the level of expertise is vast among planners.

I will even admit that I didn’t always know what I was doing. One night, I spent hours

working with my manager trying to make sure I was investing MY DAD’s money in the

best possible product that met his goals. At the time I had been in the industry for 3

years.

34


Quick Story Continued…

My manager suggested a product that ended up being the most expensive option.

Because at the time I didn’t know any better, I followed my managers advice. I invested

MY DAD’s money in a product that cost him a lot more money than it should have.

Here I thought I would be able to help my dad and friends because I was now working

“in the industry”. I assumed I could find the

best deals, best products, best services, etc.. Afterall,

I got into this industry so that I could help people.

Unfortunately, I found out years later that I could have

invested in the exact same product with little to no fees.

It took years of experience and obtaining my CFP

designation to finally understand the convoluted details

of products that are designed to confuse investors.

So, even the most well-intentioned advisors can get it

wrong. Hell, even my manager was wrong.

To give you an example of how much fees can affect your portfolio, take a look at the

Bonus Tip in the next chapter.

35


Chapter 9

Bonus Tip: The Most Important One.

(the four letter “F” word)

FEES FEES FEES

Ugh.. Just hearing the word makes me so mad at all of these so called “planners” that

are supposed to be helping you. It is because of “fees” that I decided to go out on my

own. The shady way advisors try to fool you just pisses me off!

There is a very important thing you need to realize. If you’ve been thinking of other

things while reading this, NOW is the time to really pay attention to what I am

saying. Because right now I’m sharing with you the best piece of advice you will

ever get (not in life or anything, but with regards, to ”financial advice”). Here is the

fundamental reason I wrote this book and something I guarantee YOUR financial

adviser DOES NOT WANT YOU TO KNOW.

I am going to show you:

• HOW Financial Advisors try to trick you

• And how fees really affect you

36


Bonus Tip: Continued…

PAY ATTENTION

Planners have smartened up. I think by now everyone has heard of this idea of reducing

fees and your financial planner KNOWS it’s a concern. They know you’ve been told to

reduce your fees and they know you know they are the cause of most fees. So, now that

you’re onto them, they have created new ways to describe their roles and your fees.

They try to trick you with phrases, explanations, and words that make them sound like

they are not charging a fee or that the fee is worth it. Phrases like; “You won’t get good

advice without it”, or “It won’t really cost you what you think”, or “You get what you

pay for”. Financial advisors should be paid to give you specific advice unique to your

needs. However, that fee should not be paid when they are not giving you advice. The

fee should be paid for specific advice, not just for you to be invested in their

recommended portfolio. When you take your car to the shop, you pay for them to fix it.

You are not required to pay a fee for the entire time you own that car. Unfortunately,

that is how many financial advisors charge their clients. This is how financial advisors

get away with charging you an ongoing fee for years.

(you may want to read this section a few times)

37



One of the easiest ways to increase your account balance is to REDUCE YOUR FEES!

It literally takes NO extra work from you. You don’t have to save any more money.

You don’t have to get better returns. You don’t have to do anything else. Nothing.

Are The Fees Really Worth It?

Financial advisors usually will charge you what’s called an “asset under

management” or “AUM” fee just for them to manage your portfolio. They will tell

you that they will monitor your account and it will be invested and managed by

professional portfolio managers that are able to pick and choose stocks or mutual

funds for you. It is true that you will be placed in one of their model portfolios, but it

doesn’t mean that your investments will perform any better than a portfolio of ETF’s

that you could easily manage yourself. In fact, statistics show that the passive

manage of ETF’s will outperform actively managed porfolios over 82% of the time.

You don’t have to believe me. Just read the following articles written by experts in

the field.

• More Evidence That It’s Very Hard To ‘Beat The Market’ Over Time, 95% Of

Financial Professionals Can’t Do It.

• Active Fund Managers Trail The S&P 500 For The Ninth Year In A Row In A

Triumph For Indexing.

• Actively Managed Vs. Passively Managed Funds

• 99% Of Actively Managed US Equity Funds Underperform

Let me show you a few different scenarios to illustrate exactly how much even a

small fee will affect your ability to retire.

38



30 Years 30 Years 30 Years

So, How much can fees affect you?

Let’s look at this scenario. We have Amy on the left, Laura in the middle and Lisa on

the right.

All 3 of them invested $100,000. All 3 of them are getting the same exact return, 8%.

And, all 3 of them are not adding any more money to the account. Doesn’t matter

what they are investing in. We are just doing an apples-to-apples comparison. The

ONLY variable will be the fee.

So, Lisa on the right is paying 2% in fees. After 30 years her account has grown to

$574K.

Now let's look at Laura, again everything is the same other than the fee she is paying,

which is 1%. My guess is that you are paying more than a 1% fee.

So, after 30 years, paying 1% less than Lisa, she has $761 thousand dollars. That one

percent cost her $187 thousand dollars.

39



30 Years 30 Years 30 Years

But wait, we aren’t finished. Let me demonstrate what’s really gonna happen. Let’s

look at Amy on the left. Assuming we’re working together and since I am a fee only

planner, you’ll only be paying on average .05%. So, Amy puts in the same 100

thousand and it grows at the same return of 8%. After 30 years Amy has, $992,383.

Just because you paid almost 2% less in fees. Not because you did better in the

market, not because you saved anymore, just because your fees are less, your

account grew to almost a Million Dollars!

The difference between .05% and Lisa’s 2% fee is 418K. Can you see how powerful

this is? This is something that most people will never quite understand. Your advisor

may say, its ONLY 1% or 2% and many times even 3%- but now you know better.

You can invest in products that only cost .05%, which over 30 years will save you

$418 thousand dollars! And, on top of that, as previously mentioned, in most cases

your portfolio will also outperform the one they are recommending.

40


Chapter 10

There Is An Easier Way

However, Believe me when I say there is a short cut and an easier way to make this

happen. You have just been stuck in ”The Old Model” and haven’t yet moved to the

highly profitable, predictable wealth producing NEW MODEL.

41


So, What Is This New Model?

-It’s a MENTORSHIP Program

A Proven System And Process

As I said earlier, I needed to figure out a way

to solve this . I didn’t know how I could

provide clients with all of the tools necessary to

become successful, so I had to create a

program for myself.

And now, I DON’T want you to have to recreate

the wheel. I have FINALLY found the solution.

This tool will save you years and thousands of

dollars. I have compiled all the tools and the

most efficient strategies into an 8 week

mentorship program. For nurses, this program is

called, “Nurses Roadmap To Wealth”.

42


Chapter 11

Quick Preview of New Model

Once you’ve moved to the

new model…You will have

complete control and

confidence over your

financial life, including any

debt you may have, and a

tailored retirement plan that

is specifically designed for

your needs.

And most importantly how to change your money habits

Regardless of where you are right now with your money, this program can transform

your life. No matter how much money you have or how much money you make.

This program will help you build a solid foundation to better your personal finances

forever. You will change your money habits so you can achieve the financial security

and freedom you deserve.

43


You Have 2 Options….

1.

The first option, Option 1 is to go it alone, spending

thousands of dollars trying to master these tools,

getting frustrated, and waiting. Basically, doing what

you’ve always been doing. It’s like going up to the

lock and trying to guess the code, but you know

there are more than 10,000 possible combinations

to a 4-digit lock?

Well, you can try to crack it yourself and who

knows maybe you will find a combination that

MENTORSHIP PROGRAM

works in a year or two or three, but more likely not.

2.

Or you can choose option 2- Which, is

having a conversation with me to see if a

Mentorship program will help you.

Since you are reading this book, I think you

are smart, and you want to transform your

life. Therefore, I’m guessing you will go with

option 2 and decide to work with me.

So, Here’s what you’re in for in terms of

results and speed.

44


Chapter 12

Timeline For Your Results

1. Within the first week you’ll have total clarity

about your money

2. Within the second week you’ll have your goals

nailed down and cash flow increased.

3. Within the third week you will learn the best

tools to build wealth, whether it’s better to pay

off that loan or save in your 401k. Should you

open a Roth or an IRA? Etc…

4. Within the fourth week you will know the

strategies to ensure you keep that wealth.

Whether you’re paying too much in taxes. If you

have the right kind of insurance or are you overinsured?

45


Really let this sink in. This is big.

Now I Want You To Pause For A Moment And Let

This Next Point Really Sink In…

…Because It’s The Exact Opposite To

What Everybody Else Out There Is

Feeding You And What You’ve Been

Taught

46


Traditional Planning

DOES NOT WORK

Today, in traditional methods of financial planning, We

are repeating history. And as you saw earlier, Traditional

Methods JUST DON’T WORK.

And IF YOU GET ANYTHING OUT OF

THIS BOOK, REMEMBER THIS..

ONLY those with a predictable system to

exponentially grown and retain wealth can

say, “I’ve got my shit together”

47


Chapter 13

New Highly Evolved System

I Will Show You *Exactly* How You Can Get A Predictable

System For Generating Wealth and Becoming Financially In

Control Starting TODAY.

All you need to do to get started, is set up a free complimentary Break-Thru call

with me by clicking on the link below.

Break-Thru Call

48


Endnotes

1. According to HealthView Services. Calculation based on 4% rule

2. US Department of Health Education and Welfare

3. NCOA (National Council On Aging). Economic Security for Senior Facts

4. Social Security Administration [SSA 2016]

5. Institute on Assets and Social Policy

4. NFESH (National Foundation To End Senior Hunger)

5. Fidelity Retiree Health Care Cost Estimate (Aug. 2020)

49


Take Action Now

Do not procrastinate. This is one of the easiest things to put off, but it is the absolute last

thing you should. Take it from me, someone that has meet with thousands of people

who are trying to plan for their retirement. The single worst thing you can do is wait till

later. Later always means, too late. Whether you work with me or another financial

advisor, don’t waste any more time. Get started by setting up a call with me and

clicking the link below or by following the guidelines on page #32, to ensure the

financial advisor you meet with will be working in your best interest.

To schedule a call with me,

Click this link

Break-Thru Call

CTA GOES HERE

Nurse’s Roadmap To Wealth

Connect with me on LinkedIn

www.hiltonfg.com

50

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