When to Consider a Financial Advisor

Whether you have years of experience managing your finances, or are just starting to take responsibility for your own budget, it can be challenging to do it on your own. Sometimes you need someone to hold you accountable to stay on track with your savings plan, and other times you may need to consult an expert’s opinion to follow through with a big decision. A financial advisor is an expert you can hire to offer personalized advice and education to help you better manage your finances. Here are a few reasons you may consider hiring one.

You’re going through a major life or financial change

Many of life’s biggest milestones are connected to money—from retiring, to buying a house, getting married, and more. There are many considerations to think about when you’re undergoing big changes in your personal life, and figuring out what to do about your financial assets (or losses) is one of the hardest pieces of the puzzle.

A financial advisor can help you get the information you need to make an educated decision, and support you through the processes of making such a change. If the sunset years are where you’re headed to next, you may enlist the help of a financial advisor to get advice on how you can optimize your savings plan for retirement, and where you might invest to get the most bang for your buck. Or perhaps you’re trying to save up for college; a financial advisor may be able to help you go through the financial aid application process, and create a budgeting plan to save up for your academic journey.

You need help getting on track with your budget

We all struggle with managing money at some point. Whether you’re susceptible to indulging on gourmet meals or splurging on shopping trips, we could all use all little guidance when it comes to balancing our budgets. Think about it: businesses use bookkeeping and accounting experts in order to keep business operations in line, so why shouldn’t you have a little guidance, too?

A financial advisor can help you look at your income, expenses, and savings goals to identify a reasonable budgeting plan that can boost your savings (so long as you stick to it).

You want to try your hand at investing

Interested in turning that spare change into a profitable investment? A financial advisor can look at your disposable income and work with you to figure out how much of your budget to invest—and give you the resources to help you make the most of your venture.

You need an unbiased opinion

Whether you’re considering an investment, evaluating a business opportunity, or making any kind of financial change, there are times you need a totally unbiased opinion to weigh in on your decision. A financial advisor can offer you their expertise and give you their thoughts, without having any emotional or monetary connection to the matter.


If you need some support to tackle your budgeting goals or grow your asset portfolio, a financial advisor may be just the person you need to help you get the job done!