top of page

Is an Investment Advisor Right for Me?

You might be wondering with all the money saving Apps and the do-it-yourself (DIY) financial platforms on the internet; why do I need an Investment Advisor? I can do this all by myself. Actually, an Investment Advisor is not just for picking the right investment, it provides so much more to provide you peace of mind and confidence that your investments are on the right track. A recent study by Fidelity showed that an Investment Advisor can increase an investment return by 3 percentage points above the DIY model. What that means is that the DIY model might average an investment return of 5%, however with the help of an Advisor, the average return might be 8%. With this illustration, a $20K starting investment earning 5% over 25 years grows to $67,727. That same $20K earning 8% over 25 years with the help of an Advisor grows to $136,970. Wow! The 3% additional return over 25 years more than doubles the amount that you would have to enjoy and to achieve your financial security. This example is for illustration only and past performance is no guarantee of future results.

In addition as a fiduciary, an Investment Advisor helps with understanding your risk tolerance to put you in the right investments, helps with identifying the best investments to achieve your financial goals, keeps you on track when investments fluctuate over time, and explains the importance of diversification to manage investment risks.

Paycheck to Wealth has subscription services starting as low as $3 per month. That is less than the one-time cost of a cinnamon bun and doughnut from your favorite bakery. Investing and wealth-building is available for every budget.

Reach out today to schedule your free review and to get started on your wealth-building journey.

23 views0 comments


bottom of page