I’ve never used an advisor before. Why should I use an advisor?

You should only use an advisor if your goals and the advisor’s goals are fully aligned. You deserve to have an unbiased advisory partner. A “fee-only” Registered Investment Advisor is the only investment professional that is a fiduciary 100% of the time for their clients.

As your situation becomes more complex, an advisor can reduce the personal burden (time and resources) and responsibility of managing your wealth. Importantly, it’s probable that an experienced and professional team dedicated full-time to overseeing your financial affairs may do it more efficiently or with better success over the long-run.

Recently, it’s been shown that the “right” advisor can add meaningful value over time. Vanguard, long the bastion of the “do-it-yourselfer”, recently published a report quantifying this value — fiduciary advisors add almost 3% per year in additional value to an investor. To download the results of this whitepaper, please click here.