The Minimum Investment for a Financial Advisor

If you wish to opt out, click [Unsubscribe]( Sponsored content keeps our newsletter free. We do not endorse all advertisers. SPONSORED The Minimum Investment for a Financial Advisor [Take Retirement Quiz]( Get matched with up to three advisors that serve your area, free! SPONSORED BY SMARTASSET How much money should you have before hiring a financial advisor? A financial advisor could help you best determine if you are on track to [meet your long-term financial goals](. This expert could help you determine a plan that factors your assets and taxes into your overall retirement and estate-planning goals. Investment managers, financial consultants, financial planners and even robo-advisors are all considered financial advisors. As a result, minimum thresholds vary widely. An article from Delta Wealth Advisors notes that depending on the net worth advisor you choose, you should consider hiring a financial advisor when you have between $50,000 - $1,000,000, but indicates that [this much]( in liquid assets is the level at which an advisor’s benefits potentially outweigh the costs.1 Want to find out that asset level? [Learn more here](. How to Find a Financial Advisor Working with a fiduciary financial advisor can be a crucial part of any healthy retirement plan. Yet knowing how to find a vetted fiduciary is, for many, the most daunting task. SmartAsset created a [no-cost tool]( to help match you with up to 3 vetted financial advisors serving your area. All advisors on the platform are rigorously screened through a proprietary due diligence process and legally bound to work in your best interest. It's never too late to plan to work toward a comfortable retirement. [Learn more >>](  ---------------------------------------------------------------  Try SmartAsset's Financial Advisor Matching Tool Get retirement ready. Take this free quiz to get matched with up to 3 vetted financial advisors serving your area [Get Started](  ---------------------------------------------------------------   --------------------------------------------------------------- The information contained in this article is general and not specific to any individual's situation. The SmartAsset quiz matches you with up to 3 financial advisors to which you can compare and decide which to work with. You can consult a financial advisor about your finances, tax strategies and how they factor into your retirement. The SmartAsset quiz can't make a determination as to whether or not you need a financial advisor, or if you have enough saved. This is not an offer to buy or sell any security or interest. All investing involves risk, including loss of principal. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. SmartAsset's services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. SmartAsset receives compensation from Advisers for our services. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any user's account by an Adviser or provide advice regarding specific investments. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. SmartAsset.com is not intended to provide legal advice, tax advice, accounting advice or financial advice (Other than referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States). SmartAsset is not a financial planner, broker or tax adviser. The Service is intended only to assist you in your understanding of financial organization and decision-making and is broad in scope. Your personal financial situation is unique, and any information and investing strategies obtained through SmartAsset.com may not be appropriate for your situation. Accordingly, before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your accountant or other financial advisers who are fully aware of your individual circumstances. Sources: 1. ["How Much Money Should You Have to Hire a Financial Advisor?"]( Delta Wealth Advisors (July, 2022) c) 2024 American Scoop.  All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without express written permission. Nothing in this e-mail should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. The information presented here is for public educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that the sender of this email has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this message and may receive commissions from purchases you make on subsequent web sites. You should never rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. AMERICAN SCCOP 21750 Hardy Oak Blvd Ste 104 PMB 49440 San Antonio, Texas 78258-4946 US ©2024 Copyright AmericanScoop.com. All rights reserved If you wish to opt out, click [Unsubscribe](