Working with a financial advisor can be...
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Sponsored Working with a financial advisor can be...
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͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ [Image]( Is It Worth Paying a Financial Advisor 1%? [Take Retirement Quiz]( Get matched with up to three vetted financial advisors who serve your area [Image]( Navigating the complex world of financial planning and investment can be daunting. [Working with a financial advisor]( can be a crucial part of any healthy retirement plan, especially when complex decisions are at stake. The type of advisor you choose could influence the fee structure and the potential investment outcomes. With annual fees typically ranging from 0.59% to 1.18% annually, according to an Advisory HQ study, you might wonder if the cost is justified.¹ Research suggests people who work with a financial advisor could end up with about 15% [more money to spend in retirement]( While fees are an important consideration, the value provided by expert advice could potentially help justify the cost. [Find out some of the different ways financial advisors charge for their services]( and how you can think about evaluating their cost. Ready to kickstart your retirement planning? [Try SmartAsset's no-cost tool]( to get matched with up to 3 financial advisors serving your area, each legally bound to work in your best interest. It's never too late to plan to work toward a comfortable retirement. Try SmartAsset's Financial Advisor Matching Tool Planning for retirement? Take this free quiz to get matched with up to 3 vetted financial advisors serving your area. [Get Started]( SPONSORED BY SMARTASSET Sources: 1.["What are the Average Financial Advisor Fees & Investment Fees Being Charged in 2021?", AdvisoryHQ (July 2021)](. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the link to see the methodologies employed in the [AdvisoryHQ study](. 2. ["Journal of Retirement Study Winter" (2020)](. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the link to see the methodologies employed in the [Journal of Retirement study](. 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 with a financial advisor about your finances. 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. 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. 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