In a society where people turn to social media for help deciding between paint colors, it’s unthinkable that so many of us continue to entrust our financial futures to… ourselves.
According to a Fidelity Study, financial advice can add between 1.5% and 4% to account growth over extended periods.1
So, why do some Americans continue to walk the financial road alone?
For some, the excuse is the false assumption that they can’t afford it. In actuality, the fees financial advisors charge are often less than most people think, and the insights they add often surpass an advisor’s cost.
But for many other Americans, the reason they’ve never enlisted the help of a financial advisor is they simply don’t know where to find one, or how to evaluate their proficiency and pricing.
SmartAsset’s free, five-minute tool can help you find vetted advisors. You can compare your advisor matches based on their specialty, pricing, and more. You even earn a free consultation with each of your matches, so you can be fully prepared to choose your financial advisor.
Sources:
1. “Why Work With A Financial Advisor?”, Fidelity (11/1/2021). The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the below link to see the methodologies employed in the Fidelity study.
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