S4 EP 4 | Reducing Unnecessary Fees

Written on July 30, 2023.

In this episode of “The Peak Financial Freedom Show” with hosts Jim and Dan, the focus is on achieving financial freedom and securing a comfortable retirement. The men discuss the importance of reducing unnecessary fees to save money in the long term, illustrating how a reduction of fees annually can lead to substantial savings over a 20-year period.

By emphasizing the significance of such savings, they highlight the potential impact of leaving more for beneficiaries or having more funds in one’s pocket during retirement.

Jim and Dan go on to stress the necessity of having a comprehensive, written financial plan in place before investing any money with a financial firm. They caution against accepting vague assurances of being “just okay” without a solid plan, as it may lead to insufficient returns and depletion of funds in the long run.

It’s another episode with 30 minutes of valuable information dedicated to helping viewers make informed financial decisions, ensuring a comfortable and secure retirement. Tune in for guidance on how to maximize your savings, build a comprehensive financial plan, and ultimately achieve financial freedom.

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2019(1), 2020(2), 2021(3), 2022(4), 2023 (5) and 2024 (6) Five Star Professional Wealth Manager Award - Dan Ahmad and Jim Files have been nominated for and have won the 2019, 2020, 2021, 2022, 2023 and 2024 Five Star Wealth Manager Awards. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Once awarded, wealth managers may purchase additional profile ad space or promotional products. Award does not evaluate quality of services provided to clients. The Five Star award is not indicative of the wealth manager’s future performance. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. Award winners represent an exclusive group of wealth managers who have demonstrated excellence in their field by satisfying 10 objective selection criteria. For additional information on the Five Star award, including a complete list of the 10 objective selection criteria and their research/selection methodology, go to https://fivestarprofessional.com.

Investment advisory services are offered through Fiduciary Solutions, LLC, a California Registered Investment Advisor. Insurance products and services are offered through PFFG Insurance Agency LLC, a licensed insurance agency (CA Insurance License #0N14013). Peak Financial Freedom Group LLC is a financial planning and umbrella marketing organization, which enables the provision of multiple financial services under one brand. Peak Financial Freedom Group LLC, PFFG Insurance Agency LLC, and Fiduciary Solutions LLC are affiliated entities with common ownership and control. Jim Files is licensed as an investment adviser representative with Fiduciary Solutions LLC (CRD # 1620449) and is a licensed insurance producer with PFFG Insurance Agency LLC (CA Insurance License #0F06511). Dan Ahmad is licensed as an investment adviser representative with Fiduciary Solutions LLC (CRD # 1491561) and is a licensed insurance producer with PFFG Insurance Agency LLC (CA Insurance License #0732913).

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