--- title: "Meaning & Key Takeaway of: The financial advice market presents an…" description: "\"The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of interest. ..." image: "https://sms4smile.com/quotes/i/1ad/alexa-von-tobel-10230_advice_the-financial-advice-market-presents-an_1081111.png" --- # The financial advice market presents an impossible… ![“The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of interest. In order to amass enough money, it is critical to work with a financial planner. Most financial plans come with a $1,500-$3,000 price tag - numbers…” quote by Alexa Von Tobel](https://sms4smile.com/quotes/i/1ad/alexa-von-tobel-10230_advice_the-financial-advice-market-presents-an_1081111.png) [Download](https://sms4smile.com/quotes/i/1ad/alexa-von-tobel-10230_advice_the-financial-advice-market-presents-an_1081111.png) [Open image](https://sms4smile.com/quotes/i/1ad/alexa-von-tobel-10230_advice_the-financial-advice-market-presents-an_1081111.png) > “The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of interest. In order to amass enough money, it is critical to work with a financial planner. Most financial plans come with a $1,500-$3,000 price tag - numbers that are simply out of reach for most Americans.” [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. It highlights a paradox where financial planning services are costly, yet essential for building wealth, creating a barrier for many. **In simple terms:** Financial advice is pricey but needed to grow money. Key Takeaway Seek affordable advice or self‑education. Themes finance accessibility inequality Mood critical concerned Type financial advisory When to use this quote - budgeting - investment planning - low‑income financial education Key Concepts capital accumulation service pricing Questions to Reflect On - How can low‑income individuals access quality advice? - What alternatives exist to traditional planners? A Different Perspective Advice may be biased toward selling products. ★ ★ ★ ★ ★ No ratings yet [Advice](https://sms4smile.com/quotes/about/advice/) [Customer](https://sms4smile.com/quotes/about/customer/) [Financial advice](https://sms4smile.com/quotes/about/financial-advice/) [Interest](https://sms4smile.com/quotes/about/interest/) [Investing](https://sms4smile.com/quotes/about/investing/) [Market](https://sms4smile.com/quotes/about/market/) [Money](https://sms4smile.com/quotes/about/money/) [Order](https://sms4smile.com/quotes/about/order/) [Presents](https://sms4smile.com/quotes/about/presents/) [Price tag](https://sms4smile.com/quotes/about/price-tag/) [Work](https://sms4smile.com/quotes/about/work/) ## Related quotes > [Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.](https://sms4smile.com/quotes/warren-buffett/asking-for-financial-advice-from-a-financial-planner-is-like-asking-a/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [A good financial planner is going to do more than pick your funds.](https://sms4smile.com/quotes/dave-ramsey/a-good-financial-planner-is-going-to-do-more-than-pick-your-funds/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [Thank God I have a financial planner who is really conservative.](https://sms4smile.com/quotes/artie-lange/thank-god-i-have-a-financial-planner-who-is-really-conservative/) [Artie Lange](https://sms4smile.com/quotes/author/artie-lange/) > [Babies are wonderful, important things. Having kids, even the thought of having kids, is a big emotional deal. But sometimes it can cause people…](https://sms4smile.com/quotes/dave-ramsey/babies-are-wonderful-important-things-having-kids-even-the-thought-of/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [When I retired, I took my money from the financial planner and proceeded to present the front that everything was fine. I had to…](https://sms4smile.com/quotes/ryan-leaf/when-i-retired-i-took-my-money-from-the-financial-planner-and/) [Ryan Leaf](https://sms4smile.com/quotes/author/ryan-leaf/) > [I am a financial planner, not a psychiatrist, but I do know that your net worth will rise to meet your self-worth only if…](https://sms4smile.com/quotes/suze-orman/i-am-a-financial-planner-not-a-psychiatrist-but-i-do-know-that-your/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could…](https://sms4smile.com/quotes/alexa-von-tobel/the-best-advice-that-i-can-offer-is-that-being-proactive-and-a/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Newt Gingrich says he wants to get rid of Social Security. Who is more qualified to give this country financial advice than a guy…](https://sms4smile.com/quotes/david-letterman/newt-gingrich-says-he-wants-to-get-rid-of-social-security-who-is-more/) [David Letterman](https://sms4smile.com/quotes/author/david-letterman/) > [“The material used to make MONEY should be changed from paper to RUBBER. So people can STRETCH it to make both ends meet.”](https://sms4smile.com/quotes/nelson-m-lubao/the-material-used-to-make-money-should-be-changed-from-paper-to/) [Nelson M. Lubao](https://sms4smile.com/quotes/author/nelson-m-lubao/) > [For every person seeking greatness, there are hundreds more charged with safeguarding mediocrity. If you want to be wealthy, stop taking financial advice from…](https://sms4smile.com/quotes/randy-gage/for-every-person-seeking-greatness-there-are-hundreds-more-charged/) [Randy Gage](https://sms4smile.com/quotes/author/randy-gage/) > [I believe that rather than it being a case of humans versus machines, the future of financial advice more likely lies somewhere in between,…](https://sms4smile.com/quotes/clara-shih/i-believe-that-rather-than-it-being-a-case-of-humans-versus-machines/) [Clara Shih](https://sms4smile.com/quotes/author/clara-shih/) > [“After all it is not what you make, it is what you keep or pass on.”](https://sms4smile.com/quotes/sean-novinson/after-all-it-is-not-what-you-make-it-is-what-you-keep-or-pass-on/) Sean Novinson > [“Be careful about financial offers that often come by email. Before you respond to such an offer, ask yourself: do I really need a…](https://sms4smile.com/quotes/eraldo-banovac/be-careful-about-financial-offers-that-often-come-by-email-before-you/) [Eraldo Banovac](https://sms4smile.com/quotes/author/eraldo-banovac/) > [“The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's malarkey when it comes…](https://sms4smile.com/quotes/peter-lynch/the-old-wall-street-adage-never-invest-in-anything-that-eats-or-needs/) [Peter Lynch](https://sms4smile.com/quotes/author/peter-lynch/) > [A faithfully kept program of savings and conservative investments can give you more money and a better life than that of your neighbors who…](https://sms4smile.com/quotes/jane-bryant-quinn/a-faithfully-kept-program-of-savings-and-conservative-investments-can/) [Jane Bryant Quinn](https://sms4smile.com/quotes/author/jane-bryant-quinn/) ## More by Alexa Von Tobel > [At LearnVest, we're working to make financial planning both accessible and affordable so that everyone has the opportunity to get on track financially.](https://sms4smile.com/quotes/alexa-von-tobel/at-learnvest-we-re-working-to-make-financial-planning-both-accessible/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Get up, dress up, and show up.](https://sms4smile.com/quotes/alexa-von-tobel/get-up-dress-up-and-show-up/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [The most common reason new mothers return to work sooner than they'd like to is because they can't afford to go without their salaries…](https://sms4smile.com/quotes/alexa-von-tobel/the-most-common-reason-new-mothers-return-to-work-sooner-than-they-d/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [We're providing planning to a huge audience who's never had access to financial planners before. This was always my plan for LearnVest. It was…](https://sms4smile.com/quotes/alexa-von-tobel/we-re-providing-planning-to-a-huge-audience-who-s-never-had-access-to/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Tax time is the perfect opportunity to jumpstart your spring-cleaning by tackling your financial to-do list.](https://sms4smile.com/quotes/alexa-von-tobel/tax-time-is-the-perfect-opportunity-to-jumpstart-your-spring-cleaning/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [“Clearly, having money doesn’t mean you’re immune to money stress. Not for nothing did Notorious B.I.G. coin “Mo Money Mo Problems.”](https://sms4smile.com/quotes/alexa-von-tobel/clearly-having-money-doesn-t-mean-you-re-immune-to-money-stress-not/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Automating some of your finances can be incredibly convenient and is a great way to save time, but automating everything makes it too easy…](https://sms4smile.com/quotes/alexa-von-tobel/automating-some-of-your-finances-can-be-incredibly-convenient-and-is/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [I'm proud that LearnVest is creating content that helps expectant moms tackle their finances. As much as possible, we hope to lessen the stress…](https://sms4smile.com/quotes/alexa-von-tobel/i-m-proud-that-learnvest-is-creating-content-that-helps-expectant/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [My ultimate goal is to create operating systems for myself that allow me to think as little as possible about the silly decisions you…](https://sms4smile.com/quotes/alexa-von-tobel/my-ultimate-goal-is-to-create-operating-systems-for-myself-that-allow/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Since the beginning of LearnVest, I've never left the office for food.](https://sms4smile.com/quotes/alexa-von-tobel/since-the-beginning-of-learnvest-i-ve-never-left-the-office-for-food/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [I go to bed at 2 a.m. and get up at 7 a.m. - I've never been a sleeper. But I definitely get sick…](https://sms4smile.com/quotes/alexa-von-tobel/i-go-to-bed-at-2-a-m-and-get-up-at-7-a-m-i-ve-never-been-a-sleeper/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not…](https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-education-or-trustworthy/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [When you have a lot of money, there's so many places you can go to manage your money. But when you don't have money,…](https://sms4smile.com/quotes/alexa-von-tobel/when-you-have-a-lot-of-money-there-s-so-many-places-you-can-go-to/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [As a new entrepreneur, you need a stake in the game, but you can't risk it all.](https://sms4smile.com/quotes/alexa-von-tobel/as-a-new-entrepreneur-you-need-a-stake-in-the-game-but-you-can-t-risk/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [When everyone zigs, zag. Life is all about trying to get somewhere first.](https://sms4smile.com/quotes/alexa-von-tobel/when-everyone-zigs-zag-life-is-all-about-trying-to-get-somewhere-first/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) [Explore all 67 Alexa Von Tobel quotes ](https://sms4smile.com/quotes/author/alexa-von-tobel/) ## More Advice quotes > [The sensible person is always serious about sensible advice.](https://sms4smile.com/quotes/mak-786/the-sensible-person-is-always-serious-about-sensible-advice/) Mak\_786 > [I ask for tips, for advice. What I have also learnt is that I need to do things that are good for me. In…](https://sms4smile.com/quotes/matthijs-de-ligt/i-ask-for-tips-for-advice-what-i-have-also-learnt-is-that-i-need-to/) [Matthijs de Ligt](https://sms4smile.com/quotes/author/matthijs-de-ligt/) > [Don't get too attached to someone you know you can't be together with.](https://sms4smile.com/quotes/anurag-prakash-ray/don-t-get-too-attached-to-someone-you-know-you-can-t-be-together-with/) [Anurag Prakash Ray](https://sms4smile.com/quotes/author/anurag-prakash-ray/) > [A low-minded person should not be given good advice.](https://sms4smile.com/quotes/chanakya/a-low-minded-person-should-not-be-given-good-advice/) [Chanakya](https://sms4smile.com/quotes/author/chanakya/) > [The worst advice? 'Don't listen to the critics.' I think that you really ought to listen to the critics, because sometimes they're telling you…](https://sms4smile.com/quotes/stephen-king/the-worst-advice-don-t-listen-to-the-critics-i-think-that-you-really/) [Stephen King](https://sms4smile.com/quotes/author/stephen-king/) > [When I was in my twenties and just so sexually prolific, the first time I went to Machu Picchu, this guy, a spiritual teacher,…](https://sms4smile.com/quotes/woody-harrelson/when-i-was-in-my-twenties-and-just-so-sexually-prolific-the-first/) [Woody Harrelson](https://sms4smile.com/quotes/author/woody-harrelson/) > [The best way to succeed in this world is to act on the advice you give to others.](https://sms4smile.com/quotes/napoleon-hill/the-best-way-to-succeed-in-this-world-is-to-act-on-the-advice-you/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [Time is priceless. You have it, but you don't own it. You spend it, but you can't keep it. And once it's gone, there's…](https://sms4smile.com/quotes/anonymous/time-is-priceless-you-have-it-but-you-don-t-own-it-you-spend-it-but/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You don't need to take a persons advice to make him feel good, just ask him for it.](https://sms4smile.com/quotes/laurence-j-peter/you-don-t-need-to-take-a-persons-advice-to-make-him-feel-good-just/) [Laurence J. Peter](https://sms4smile.com/quotes/author/laurence-j-peter/) > [Some of the things that we hold onto the most, are the things that we need to let go of.](https://sms4smile.com/quotes/ryaj-ablando-catayas/some-of-the-things-that-we-hold-onto-the-most-are-the-things-that-we/) [Ryaj Ablando Catayas](https://sms4smile.com/quotes/author/ryaj-ablando-catayas/) > [“If your clothes are enough to drive would-be friends away, they're not the kind of friends you want." Typical mother advice. Sweet, honest, and…](https://sms4smile.com/quotes/aprilynne-pike/if-your-clothes-are-enough-to-drive-would-be-friends-away-they-re-not/) [Aprilynne Pike](https://sms4smile.com/quotes/author/aprilynne-pike/) > [“My kingdom not for a horse, but for a good piece of advice!”](https://sms4smile.com/quotes/mehmet-murat-ildan/my-kingdom-not-for-a-horse-but-for-a-good-piece-of-advice/) [Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [I always advise people not to act upon the advice that I give them.](https://sms4smile.com/quotes/vikrant-parsai/i-always-advise-people-not-to-act-upon-the-advice-that-i-give-them/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [ \[A\]s you partake of the world's bill of fare, that's darned good advice to follow. Do a lot of spitting out the hot air.… ](https://sms4smile.com/quotes/dr-seuss/a-s-you-partake-of-the-world-s-bill-of-fare-that-s-darned-good-advice/) [Dr. Seuss](https://sms4smile.com/quotes/author/dr-seuss/) > [My relationship with Ibrahimovic was completely neutral. He is not the type of player to approach the younger players and give them advice. He…](https://sms4smile.com/quotes/kingsley-coman/my-relationship-with-ibrahimovic-was-completely-neutral-he-is-not-the/) [Kingsley Coman](https://sms4smile.com/quotes/author/kingsley-coman/) [Browse all 8,535 Advice quotes ](https://sms4smile.com/quotes/about/advice/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of interest. In order to amass enough money, it is critical to work with a financial planner. 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