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The Need for a Financial Advisor

The Need for a Financial Advisor

There was an article published last summer that states there are 7 times in your life when you NEED a financial advisor. It indicates failing to talk to one could be a mistake. The article from a well-known and respected publication lists times ranging from getting a new job to retirement. 
As a service provider, the article raised significantly more questions than it answered. 
    – Are there really only seven issues to discuss with a financial advisor?
    – Is it a different reason or level of expertise every time?
    – How would you bring the financial advisor up to speed on your personal situation?
    – What happens after they dispense this essential information?
    – How would they get paid for this one time advice?
When faced with these crucial financial times in your life, a better strategy would be to create a relationship with a trusted advisor and seek their advice on any and all issues affecting your financial situation.  It is clear that almost all of life’s decisions have a financial and an emotional aspect, and it can be extremely difficult to separate the two. It emphasizes the importance of having a relationship based on more than just a discreet transaction or need.

This commentary on this website reflects the personal opinions, viewpoints and analyses of the Gainplan LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Gainplan LLC or performance returns of any Gainplan LLC Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Gainplan LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

Categories: Careers, Gainplan Facts, Industry Ideas

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