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.
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The Financial Harmony™ Podcast
AI Won’t Replace Advisors. But This Will.
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AI isn’t the dystopia. Misvaluing the human elements is.
After an AI announcement from Altruist introducing advanced tax planning automation, wealth management stocks like Charles Schwab, Raymond James, and LPL Financial fell sharply. The narrative formed quickly: AI is replacing financial advisors.
That interpretation misses something deeper.
In this episode of Financial Harmony™, Dr. Preston Cherry interprets what the AI disruption narrative reveals about how we define financial advice — and where mistrust in the 1% AUM model actually comes from.
This is not a defense of advisors.
It’s a redefinition of value.
Topics addressed:
• Is AI replacing financial advisors?
• What AI automation actually changes in financial planning
• Why the 1% AUM debate is about more than price
• Flat-fee vs AUM alignment
• Why high-income investors still seek human advice
• What people actually want from a financial advisor
• How AI affects retirement planning confidence
• The difference between efficiency and relational accountability
Research consistently shows:
• Investors working with advisors report higher financial confidence.
• Advised households feel more retirement preparedness.
• Behavioral guidance prevents costly emotional decisions.
• Affluent investors prioritize clarity and complex decision support over performance chasing.
AI removes friction.
It improves pace.
It does not replace trust, context, or interpretive clarity.
If we define financial advice as spreadsheets, AI is a threat.
If we define it as navigating ambiguity, AI becomes leverage.
Financial advice has never been about beating the market.
It’s about helping people live with their financial decisions.
This episode examines:
• Advisor trust and fee alignment
• Why compensation structure impacts perceived value
• The real drivers behind AUM mistrust
• Whether automation strengthens or weakens fiduciary advice
• What happens when efficiency is mistaken for value
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