As we approach the end of 2025, many of us are probably thinking about what we want to start, stop, or continue doing in the upcoming year. There are certain times in all our financial lives when the choices we make have a big effect on everything else that happens. Every stage has its opportunities, risks, and things that we can't see.
Do You Need a Financial Advisor? Maybe Not. But You Might Want One.
There’s a common message in the financial industry that everyone needs an advisor. I don’t believe that.
If you take pleasure in managing your own finances, have the time to remain involved, and possess the discipline to make confident decisions, you will likely be just as successful as someone who hires an advisor. There are plenty of capable, self-directed investors.
In fact, an advised portfolio will almost always be pricier than a self-managed one. And when all things are equal, it’s unlikely to outperform. But all things aren’t always equal.
You've Built Wealth. Now It's Time to Build a Plan.
“I’m 62 years old, and my wife is 57. We both work full time. We have 401(k)s, three investment properties, our residential home, and enough cash to pay off our mortgage. We want to retire in five years. We’ve never worked with a financial advisor but are feeling a bit overwhelmed. We’re hoping to understand how you would approach the matter with us.”