Should you hire a financial advisor?

When hiring a financial advisor, you’ll want to make sure that you find the right fit for what you’re looking to accomplish. For example, if you need someone who can help you with estate planning then you probably aren’t going to look for an advisor that only focuses on managing your investments.

How much does it cost to hire a financial advisor?

Hourly fees can range from roughly $150 to $500 or more. How much money should you have before hiring a financial advisor? You don’t need a lot of money to set up a one-time meeting with a financial advisor. Many advisors offer an initial discovery session for less than $300.

What are the pros and cons of hiring a financial advisor?

Here are the pros and cons of hiring a financial advisor and the key things you need to know. Comprehensive financial strategy. Today’s best financial advisors focus on developing a comprehensive strategy that can cover many aspects, including investment, insurance, estate planning and more. ( Here’s how to find a financial advisor in your area.)