The value of advice
In an effort to stay healthy, you make seeing your doctor a priority. Your doctor knows your medical history and, if there's a problem, they'll recommend a course of treatment. The same concept applies to your finances – regular checkups with an advisor can go a long way towards improving your financial health. Whether your goal is to reduce debt, buy a house, save for retirement or simply pay the bills, you don't have to go it alone.
Is working with a financial professional worth more than 1%?
Like many investors considering working with a financial advisor, you have probably asked: “What will I get for the fee I’m paying?” The simple answer: a professional dedicated to helping you stay focused on your financial plan to help achieve your financial goals.
Please click here to read more about the significant value you'll receive from working with a professional financial advisor.
Regardless of your stage of life or amount of wealth, you can benefit from the professional counsel and services of an advisor. Milestones such as buying a first home, starting a new job or having a child are all good opportunities to address new financial needs and begin working with an advisor.
Start with a consultation
An advisor starts by understanding your objectives and doing a thorough analysis of your complete financial situation. Next, he or she will work with you to put a strategy in place to help reach your goals. A comprehensive plan allows you to balance today's needs with your goals for the future, easily adapt to changes in circumstance and plan ahead for emergencies, as well as helping you be in control of your financial well-being.
An advisor may be able to help by doing some or all of the following:
- Creating a disciplined savings strategy including cash flow planning and debt management
- Designing and implementing a customized investment strategy
- Proposing tax reduction strategies
- Facilitating will and estate planning
- Reviewing and recommending insurance products, including life,disability and critical illness
- Providing access to a network of professional resources such as accounting and legal services