In this episode, Ellen Bessner and Brendan Monahan dig into one of the biggest barriers to effective financial planning: lack of communication between investors and advisors. Both sides often avoid reaching out — investors don't want to "bother" their advisor, and advisors worry about appearing intrusive. But silence can seriously harm financial outcomes, especially when life events, market conditions, or priorities shift.
Using real examples, Ellen and Brendan explain why ongoing communication is essential for managing risk, adjusting investment strategies, and supporting long-term financial prosperity. They discuss why annual check-ins aren't enough and how regular conversations help clients stay on track with their goals.