The Value of a Financial Advisor

The Value of a Financial Advisor

| August 29, 2017
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A Financial Advisor is the steady mind that attempts to keep you and your wealth protected during a sometimes turbulent market. Here are some other ways that a financial advisor adds value to your life. 

  • Helps you develop financial goals
  • Creates a timeline
  • Understands risk tolerance and expected rate of return
  • Uses data and analyze existing investments and make recommendations about what to do going forward 
  • Determines asset allocation
  • Creates a plan for your retirement
  • Understands and communicates risks
  • Identifies how much you need to be saving 
  • Provides access to many types of retirement accounts to use (IRA, Roth, 401(k), etc.) 
  • Understands insurance- what type and how much (including life, long-term care, disability, and even property, casualty, and health insurance)
  • Manages an emergency fund
  • Explores what changes might improve your tax situation
  • Stays up to date and is knowledgable on current events 
  • Discusses leasing an automobile versus buying
  • Mortgage refinancing 
  • Cash management 
  • Commercial financing/lending
  • Vacation property evaluation 

Contact us today if you or someone you know is in need of financial coaching. 

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