[Boomer]

I recently listened to a podcast with Christine Benz, Director of Personal Finance with Morningstar, interviewing Pam Krueger, Founder and CEO of Wealthramp. I had never heard of Wealthramp before. (The podcast from Morningstar is titled "The Long View" and this episode (#307) was dated February 11, 2025.)

Anyway, Wealthramp matches fee-only, fiduciary financial advisors with consumers, according to what is needed. Advisors have been researched by Wealthramp.

Looking for an advisor can be overwhelming. There are more than 500,000 advisors out there and they come in all stripes. I have heard it said that financial advising is not a profession; it's an industry.

Supposedly, your name is not given to the advisor. The advisor's name is given to you, and the advisor pays Wealthramp, although they are said to have been carefully vetted. Sounds legit, considering the interview was with Christine Benz.

The website asks for name and email, zip code, and range of investable assets. I have not done anything with this, but I am thinking about it, sort of. It's a jungle out there when it comes to finding an advisor, so I just keep on keepin' on, but I do think about it more often. It's just that I tend to categorize advisors the same way I categorize real estate agents. A Dime A Dozen. Too many with first loyalty to themselves and/or to their broker or brokerage. Some are excellent, but if you get the wrong one, it can end up costing you a helluva lot more than a dime.

So? Anybody know anything about Wealthramp?

Boomer