Advisors Quote by Robert Kiyosaki
“The reason so many financial advisors are called brokers is because they are often broker than you.”
About This Quote
Source Book: Rich Dad Poor Dad, 1997
Notes that many advisors act more as middlemen than true experts
In simple terms: Advisors often serve as brokers, not necessarily knowledgeable
Research advisors' expertise before trusting them
Themes
Mood
Type
When to use this quote
- investment decisions
- financial planning
Key Concepts
Questions to Reflect On
- How do you assess an advisor’s competence?
- What alternatives exist to traditional brokers?
Brokerage may create conflicts of interest