Dawn Bennett: Why You Should Use an Independent Financial Advisor

For over two decades, Dawn Bennett has provided expert financial advice to clients seeking to establish a stable financial future. If you’re looking for financial knowledge to help you gain confidence in your investments, you’re probably looking to work with a financial advisor. It’s an important decision, and one thing you have to consider is whether the advisor is independent.

Independent financial advisors have to adhere to the fiduciary standard, which requires advisors to work towards their clients’ best interests at all times. It’s more than just a moral obligation; it’s a legal requirement. And with this condition comes a host of benefits for the client.

Trustworthy advice

Independent advisors are working in your best interest, giving you the confidence that you can trust their insight and knowledge.

Accountability

To serve their clients fully, independent advisors often seek to understand the client’s needs and goals completely. They value the relationship and are more willing to hold themselves accountable to the clients.

Deep Expertise

Independent advisors help create a financial plan that caters to the customer, regardless of how complex the need. While some advisors focus on specific investment solutions, others offer comprehensive solutions.

Dawn Bennett is a Certified Investment Management Analyst whose knowledge and experience make her a sought-after expert resource.

Dawn Bennett Has Established a Career Out of Busting Financial Myths

For more than twenty-five years, Dawn Bennett has successfully lent her knowledge and insights on a weekly radio talk show called “Financial Myth Busting.” As the host, she’s guided listeners through wealth management aspects, making her a sought-after expert resource. Bennett’s knowledge and courage in busting myths have also led to numerous media appearances on CNBC, Bloomberg TV, Fox News Channel and MSNBC. She has also been featured in publications such as Business Week, the New York Times, Fortune, and Washington Business Journal.

Over the years, Dawn Bennett’s show has featured some of the biggest names in the political and financial landscape. Some of her guests include rock legend Ted Nugent, John Lott, Peter Buffett, and Grover Norquist. Through the show, listeners have gained insights on how to interpret the stories making headlines in the financial landscape, in addition to Bennett’s take on some of the world’s complex markets.

Along the way, Bennett has garnered praise from financial experts and industry leaders, including Bill Murphy, who applauded her knowledge on investing in gold. Others such as Ben Elliott, a former director of White House speech writing (1981 – 1986), have admired her courage in being able to bring out the facts

Dawn Bennett: Tips for Succeeding in the Wealth Management Business

Dawn Bennett Certified Investment Management Analyst who is also the Chief Executive Officer of Bennett Group Financial Services, LLC. The company works with clients to help them achieve financial independence and confidence in their investments.

Bennett operates in an industry where costs are high, competition is stiff, but there is still a demand for wealth management and advisory services. It takes a lot of time and effort to succeed and having knowledge of what to keep an eye on can help entrepreneurs in this industry gain an edge.

It’s not enough to pick stocks

Financial advisors can’t rely solely on picking stocks to succeed. They have to offer more services such as tax advice, estate planning, and risk management to stand out. If an entrepreneur can’t provide these additional services on their own, they should have a team (or be part of one) that can.

Be honest with yourself

Figure out your strengths and find people to help with those areas you struggle with. If you’re more into analytics, find a business development person to balance out. It’s important, however, that early hires fit in with your values and share your vision.

Dawn Bennett hosts a weekly financial radio show in Washington, D.C. called “Financial Myth Busting.”

Dawn Bennett: Avoid These Mistakes While Building a Financial Services Firm

Dawn Bennett has helped numerous clients meet their financial investment goals through her company, Bennett Group Financial Services. The company has established a reputation for excellence by providing comprehensive services.

Running a financial services company is a challenging task. The potential rewards are worthwhile, but some roadblocks can make it hard to achieve success. A few of these are shared.

Ignoring the Regulatory Environment

Wherever there are profits to be made; you can be assured of government oversight in the form of regulations. Companies in the financial services industry face strict and complex regulations they have to comply with. There is no denying there’s a good reason for these rules, but you have to stay updated because they tend to change regularly. Having an expert legal mind on board also helps navigate regulatory issues.

Failing to Establish Trust

Building trust with customers doesn’t happen overnight. The earlier you start implementing ways of connecting directly (and authentically) with them, the better the chances of finding a rapport with them even if you make mistakes along the way.

Expecting Standardized Data

If you are helping customers make good financial decisions, as Dawn Bennet does, they will understandably expect accurate information. To get this right, you will have to integrate data from some sources (for example, credit bureaus and online banking accounts). Many of these sources project information in different ways, which is something you have to be willing to work through