WHERE DO YOU GET YOUR FINANCIAL ADVICE?
FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS
TOWNSEND HORNOR JR., CEPS
Managing Director, Wealth Management & Executive Manager, BWFA
Episode Details:
In this insightful episode of Healthy, Wealthy & Wise, BWFA’s Sandy Hornor explores how Americans of all ages and backgrounds seek financial advice—and what the patterns reveal about confidence, access, and outcomes. Drawing from a recent Gallup study, Sandy breaks down the generational and income-based differences in financial behavior. You’ll hear how younger adults tend to rely on social media, friends, and websites, while older and wealthier individuals increasingly turn to professionals.
The episode also highlights how the use of digital resources often correlates with financial dissatisfaction, while those who work with a financial planner are more likely to feel in control of their future. Listeners will learn why it might be time to upgrade from a DIY approach to a more strategic relationship with a financial advisor—especially when wealth starts to accumulate or life becomes more complex.
As the episode concludes, Sandy makes the case for introducing financial education earlier in life—especially as part of a family’s broader generational wealth planning. If you’ve ever wondered whether your current financial information sources are serving you well—or if your children or parents could benefit from different guidance—this discussion offers a thoughtful and data-backed perspective.
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