4 Ways Financial Planners Help

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4 Ways Financial Planners Help

Growing up, the only thing I knew about financial advisors was simply that my father was one. I knew that he served his clients well and greatly cared for the people he helped.

Thirty years later, I think the industry has struggled to communicate what advisors do. Therefore, I thought it would be helpful to share four ways advisors provide value to their clients.

1. According to the American Psychological Association, money is the second largest source of stress for Americans. Having a dedicated space to engage in honest conversations about money and the emotions around it can greatly improve your relationships and quality of life.

2. Working with a financial planner can help you stay focused on your goals. We live in an age where we have too much information, but finding the relevant information can be a challenge. Advisors will help you ask the right questions and develop an answer specific to you. 

"Your future is too important to rely on a Google search."

3. Times change. A financial planner can serve as your trusted advisor on your life’s journey… We get married. Sometimes we get divorced. Babies are born. We lose loved ones. We start businesses. Businesses succeed or fail. We change jobs. We decide when to retire. These life events have major financial implications and can invoke strong emotional responses. But throughout all of them, your financial advisor can help provide a path forward.

4. While many financial advisors have specialties (i.e. student loans, business owners, etc.), most are able to provide guidance on:

  • Tax planning
  • Retirement income
  • Investment management
  • Insurance optimization
  • Charitable giving
  • Cash flow management

If you see the value in working with a financial planner, be sure to hire the right one. Not all financial advisors are created equal! We did a post on this not too long ago – click here to check it out.

Choosing a financial advisor is one of the most important decisions you will make. Working with the right advisor for your unique situation can be the difference between a carefree retirement and a stressful one.

When meeting with a financial advisor, don’t be afraid to ask tough questions. Like any other professional, we are there to serve the needs of our clients. A good advisor will welcome any and all questions you ask.

Thanks for reading!



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