Why I Became a Financial Advisor for Dentists (Part 2) #Shorts

[00:00:00]The biggest mistake that I see you as a dentist make time and time again in dental practices happen all the time.

[00:00:05]What I call wealth fragmentation. Wealth fragmentation is when you have advisors and consultants in different silos and no one talks to each other. In fact, you can download a white [music] paper that I've written on this called wealth fragmentation and the impact of it is far more severe than what you think. The cost of wealth fragmentation [music] runs about 20 to 30% of your net worth.

[00:00:25]Think about that. At a $10 million net worth, you're leaking two to three million dollars. So, the cost of wealth fragmentation is very, very real.