Not everyone needs to hire a professional financial planner or investment advisor—but for some people, it can be helpful. Generally, the more assets and accounts you have, the more you stand to gain through hiring a professional. There’s a common misconception that hiring an advisor will make you more in return. While this could be true, many clients tell us they hire us to help them avoid the big mistakes. Experienced advisors and their clients who have navigated through change often both attest that adding planning, estate, and tax strategy can add significant value over time to preserve wealth – instead of reaching for higher returns and taking on more risk.
If you aren’t sure whether or not you will reach your financial goals with your current plan, you’re concerned that your current wealth management strategy is inadequate, or you need assistance with wealth enhancement strategies, wealth preservation, or wealth transfer and giving, a financial planner can be an invaluable resource.