If you’ve spent years successfully managing your own investments, do you really need a financial advisor? That’s the question Bob, one of our listeners, sent in. He’s got an MBA, knows the markets well, and has always handled his portfolio solo. So, is working with an advisor just an extra expense, or could it actually add real value? In this episode, we break down when and why even experienced investors might benefit from professional guidance and when they’re probably fine on their own.
Join us as we discuss the benefits of professional guidance, even for those who have successfully managed their own investments. Discover the hidden challenges and blind spots that DIY investors often overlook, from tax efficiency to healthcare planning. Learn why a financial advisor can provide invaluable support, peace of mind, and a comprehensive retirement plan that goes beyond mere investment management.
Here’s what we discuss in this episode:
0:00 – Intro
1:23 – Today’s question
3:01 – How advisors provide value
4:18 – Financial blindspots
6:24 – Help managing a portfolio
8:43 – Why you work with an advisor
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