Ep 125: Does Your Financial Advisor Provide Value?

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We have a special guest back for the second week in a row. Our intern, Cade Campbell comes back to talk about the project he’s been working on this summer for us.

Cade was tasked with breaking down the tangible quantifiable return that a client receives from a financial advisor. There are quite a few good studies out there. Join us as Cade goes through his research and findings.

In a world where online portfolio tools and retirement calculators are available online at little cost, does it make sense to hire a financial advisor? Typical advisors charge a fee between 0.75% to 1.5% of assets for their services. These fees may appear expensive and lead individuals to question why they should pay for a service they may be able to perform themselves. However, some studies suggest advisors provide additional net returns to their clients ranging anywhere from 2.88% to 5.2%.

Listen to the full episode as Nick, Dave, and Cade discuss the merits of working with financial advisors.

You can also read more on the in-depth article Cade wrote, with links to studies and more statistics HERE.

Watch the interview on YouTube HERE.

About Shotwell Rutter Baer

Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.

Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.

Call us at 517-321-4832 for financial and retirement investing advice.