Most chiropractors have assembled a financial team of some kind — an accountant, a financial advisor, maybe a lawyer or insurance broker. But knowing who's on that team is very different from knowing who's actually working for you. In this episode, Scott and Chris break down how to evaluate the financial professionals in your corner and make sure their incentives are aligned with your goals.
A good accountant isn't there to validate everything you want to do — they're there to protect you. That means flagging risk, pushing back on aggressive deductions, and asking hard questions before you make a move that could trigger an audit. If your accountant has never said no, never made you uncomfortable, and never challenged a decision, that's worth examining. Scott recommends asking your CPA directly: "What would you tell me NOT to do right now?" The answer is more useful than any tax tip.
As of January 2026, new regulatory changes now require investment statements in Canada to clearly show advisor fees in dollar terms — not just as a percentage. This matters because percentages are abstract; dollar amounts are real. If you've been paying a 1% management fee on a $500,000 portfolio, you'll now see $5,000 per year on your statement. That changes the conversation about value — and whether your advisor's interests are truly aligned with yours. If your advisor hasn't proactively explained this to you, ask.
Before adding anyone to your financial team, Scott and Chris recommend asking every candidate these four questions:
1. How exactly do you get paid — and can you give me that number in dollars?
2. Are you a fiduciary, and what does that mean in practice for our relationship?
3. Do you specialize in working with business owners or healthcare professionals?
4. What would you tell me NOT to do with my money right now?
If they can't answer those clearly and comfortably, that's your answer.
To hear the full conversation, listen to Episode 024 of The Chiro Money Show on Spotify, Apple Podcasts, or YouTube. And if you want to find out where you actually stand financially, take the free Financial Clarity Assessment at alignwealth.scoreapp.com.
Financial Advisors for Chiropractors
You’ve mastered aligning the body. What would it feel like to bring that same mastery to your money?
Where chiropractors get real answers, clear systems, and financial peace of mind
© Chiro Money Show. All Rights Reserved. Designed by Converting Attention.