Should I Get a Financial Advisor?

Maybe! A financial advisor specializes in investment strategies, portfolio management, estate and tax planning. However, they are not going to help with fundamental financial education and behavior modification. Financial advisors are not mandated to be concerned with your holistic financial well-being. Coaches, however, can’t give you personalized investment advice.

Financial advisors and personal finance coaches can go hand in hand, but coaching is often better done before seeking out the services of an advisor. Having fundamental financial knowledge, awareness of your holistic financial goals and money behaviors in check first will help you get the most out of the expertise of a financial advisor.