Advisors can be a first line of financial defense
My head was spinning, and I told the agent the timing was not right to discuss this. My financial advisor attended the funeral services, and I told him about the conversation I had with my insurance agent.A few days later, I discovered my advisor called the agent and told him to leave me alone and to allow me my space to grieve and to take care of my kids.
But when it comes to money and reaching your financial goals, it's a comfortable feeling having a trusted financial professional by your side. Because let's be honest: creating a personal financial game plan can be daunting. Of course, for some, do-it-yourself investing holds significant appeal. Many of these investors are perfectly capable of self-managing their own portfolios. However, other investors feel they need to hire a financial expert to create a game plan to meet their specific financial and life goals.
Financial advisors also help invest your money, either by recommending specific investments or providing complete investment management. Again, it varies from advisor to advisor.