3 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 failed to communicate what advisors do. Therefore, I thought it would be helpful to share three 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.
If you now see the value in working with a financial planner, be sure to hire the right one. My next article explains what you should look for in a financial advisor.
Thanks for reading!
Added 05/17/2019 by Jason Siperstein, CFA, CFP®