I’m a Financial Advisor: Here’s My Average Client’s Net Worth

Hiring a financial advisor can be valuable at various net worth levels, especially for complex financial decisions. Many firms cater to clients with different levels of assets, but options like fee-only advisors or robo-advisors may be better for those with simpler finances or lower portfolios. Pros of hiring include personalized advice, tax optimization, and long-term planning, though fees and minimum asset requirements can be drawbacks. For more flexible options, consider one-time consultations or flat-fee check-ups to boost your financial strategy. For a deeper look Read the full article on GoBankingRates