Think about the various professionals you engage in the course of a year. Most people don’t service their own car, install their own HVAC unit or conduct their own medical check-ups. Think of what could go wrong! However, many people wonder about the value of working with a financial advisor.
Just like any professional, a financial advisor’s knowledge and experience provides you with peace of mind. Think of the stress you relinquish by knowing that you’re on track to meet your retirement goals and that an expert is watching out for you. But it turns out that there is an added financial benefit to working with an advisor. Research from Vanguard Financial Advisor Services shows that advisors may add about 3 percent points of value in net portfolio returns over time.
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