What’s the value of a financial advisor?

Thought Leadership on Creative, Comprehensive Financial Planning presented by Creative Capital Wealth Management Group

Have you ever wondered whether using a financial advisor is really worthwhile? Here are some interesting points we thought you might want to consider.

Two studies found that working with a financial professional can result in higher returns and potentially lower personal stress.

Lower stress

Seventy-six percent of people within 15 years of retirement are stressed when thinking about retirement savings and investments.¹

Working with a financial advisor to develop a written retirement income strategy, however, can increase your confidence and happiness, according to Franklin Templeton’s annual Retirement Income Strategies and Expectations Survey.


Higher returns

In addition to providing financial guidance, financial advisors may also add about three percentage points in net portfolio returns over time, according to a study by Vanguard.³

Tables 2

It’s important to remember that financial advisors also may offer guidance that wasn’t measured in the two studies. Advisors can help develop strategies that protect against the financial consequences of loss of income, and coordinate with other financial professionals on tax and estate management.

Click here for more Thought Leadership presented by Creative Capital Wealth Management Group

  1. Franklin Templeton, 2015
  2. Franklin Templeton, 2015
  3. Vanguard.com, 2015
  4. Vanguard.com, 2015

Securities offered through First Allied Securities, Inc., a Registered Broker/Dealer, Member FINRA/SIPC.

Advisory services offered through First Allied Advisory Services, Inc., a Registered Investment Advisor.