The Financial Harmony™ Podcast
The Financial Harmony™ Podcast with Dr. Preston Cherry blends real financial strategy, retirement planning, and money psychology for people who want clarity without chaos. Hosted by Dr. Cherry, CFP®, Ph.D., and financial therapist, the show delivers grounded insights on investing, taxes, and aligning money with life.
Each week, Dr. Cherry shares clear, grounded insights on retirement planning, investing, tax strategy, and decision-making, alongside honest conversations about money behavior, identity, and well-being.
This show helps you reduce financial stress, make confident decisions, and align your money with the life you want to live. You’ll learn how to invest smarter, spend without guilt, and build wealth that reflects your values, not just your numbers.
No finance-bro energy.
No rage-based hot takes.
No performative advice.
Just calm authority, psychological insight, and real financial guidance for navigating markets, transitions, and life with intention.
Get 1:1 all-inclusive flat-fee financial planning, or go deeper through the Financial Harmony™ Membership for group-based fiduciary guidance, education, workshops, and community.
Live your wealth, your way.
The Financial Harmony™ Podcast
Is Paying a Financial Advisor 1% Too Much? (What You’re Missing)
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Is paying a financial advisor 1% too much?
It’s one of the most common questions people ask before hiring an advisor—and one they often revisit after they start paying the fee.
In this episode, Dr. Preston Cherry breaks down:
- What a 1% AUM fee actually costs over time
- Why fees increase automatically as portfolios grow
- Where mistrust in financial advice comes from
- The differences between AUM, flat fee, fee-only, and advice-only models
- What fiduciary really means in practice
- Why more people are moving away from the 1% model
This isn’t just about cost.
It’s about whether your fee structure is working for you or against you over time, and what that means for your long-term financial outcomes.
Explore more:
Flat-fee, life-aligned financial planning
https://www.concurrentfp.com/
Financial Harmony™ Membership
https://www.concurrentfp.com/financial-harmony-membership/
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Follow: @DrPrestonCherry