Is a Financial Advisor Worth It?
Is having a financial advisor worth what you pay?
It totally depends on a bunch of things, like how competent they are, what you need them for, and how much they charge.
But it primarily depends on you. Do you want one? Or do you just want to save the money and do it yourself?
This question always makes me think of my mechanic. I know some people who are really into vehicles and they love fixing their car, changing their oil, and all that jazz.
But that ain’t me. At all. I’m blessed to have a mechanic I trust (which took a while to find) but now I don’t even hesitate.
Yes, I pay him. But he’s good at it. And I’m not.
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This article is for educational purposes only and is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice. Opinions expressed are those of the owners and writers only. Every effort has been made to compile this material from reliable sources, however, no warranty can be made as to its accuracy or completeness. It may also include forward looking statements concerning anticipated results, circumstances, and expectations regarding future events. Forward-looking statements require assumptions to be made and are, therefore, subject to inherent risks and uncertainties. There is significant risk that predictions and other forward looking statements will not prove to be accurate. Please consult an appropriate professional regarding your particular circumstances. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or the fund facts before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual Funds and Segregated Funds provided by the Fund Companies are offered through Worldsource Financial Management Inc., sponsoring mutual fund dealer. Other Products and Services are offered through Rhys Martell/Well-Built Plans Financial.