The Value of a Financial Advisor

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.