At Pluto Wealth Management, I have a saying: Life can be challenging, but money doesn’t have to be. In all aspects of our lives, we make choices about what we want to handle ourselves (i.e. self-checkout at the grocery store or driving ourselves to the airport) and what we want others to help us do or do for us (from pizza delivery to ridesharing to legal representation). Sometimes we make these choices for convenience, while other times we make these choices because we either do not enjoy certain tasks or are not very good at them. Choosing to work with a financial advisor to help you manage your money and plan for your financial future is no different. Here are some of the benefits you can expect from working with a financial advisor.

  • Peace of Mind/Confidence
    Do not let worries about your retirement savings or paying for your kid’s college tuition keep you up at night. By working closely with a financial advisor to assess where you are today and where you want to be in the future, you will feel confident that you are making the right decisions at the right time to achieve success.
  • Convenience
    If you do not have the time, desire, or knowledge to focus on your finances, working with a financial advisor can be a great solution. By outsourcing your money management and investment strategy to a trusted financial professional, you free yourself up to focus on your strengths and interests, all while knowing that your money is in good hands.
  • Objective Advice
    As long as your financial advisor is bound to a fiduciary standard, they are required to always work on behalf of your best interests, as well as provide the most accurate and complete information and advice to you as possible. Because they are not paid based on performance and/or trade execution, they have no hidden agenda and can provide you with holistic, objective advice you can trust.
  • Assistance During Major Life Changes
    Dealing with a significant or unexpected change in your life or in the life of a loved one can be an overwhelming and stressful experience. Having an advisor to lean on and guide you during difficult times can help take some of the burden off your shoulders so you can focus on what is important. Even better, a financial advisor can help you plan for these events long before they ever happen.
  • Setting and Achieving Goals
    Strategy and accountability are critical to achieving financial success. A good financial advisor will take the time to get to know you, to understand your goals, and to create a personalized roadmap for how you can achieve them. Through regular check-ins, they can also help keep you accountable for progressing towards those goals and identify if/when changes are needed.

As you can see, working with a financial advisor offers a number of important benefits. If the timing is right and you are ready to start looking for the right financial advisor for you, be sure to check out my blog post, “Key Things You Should Look for in a Financial Advisor.”