The True Value of Financial Advisors

Mar 13

Does working with an advisor truly add value compared to going solo? Today we are talking about the value a financial advisor brings to the table as discussed in the Vanguard Study entitled “Advisor Alpha”. We'll explore the seven key categories outlined in the study, shedding light on how these factors influence financial outcomes.

Listen in to learn about the intricacies of financial planning and investment strategies, understanding the significance of every dollar spent and the long-term implications of asset location. You’ll hear how emotional decision-making can impact your financial trajectory and actionable steps to optimize your financial plan for success.

What You’ll Learn:

Where value could be added by working with an advisor.
What asset allocation is and if an advisor can help with this.
How an advisor can help you with cost-effective implementation.
The importance of taking advantage of the things we can control.
The difference between asset allocation and asset location.
Why it matters what dollar you spend.

Ideas Worth Sharing:

“It matters what dollar you spend just as much as how many dollars you spend. ” - Fiat Wealth Management
“There are three tax buckets: pre-tax money, post-tax money and tax-free money. So, sometimes it’s not about the actual asset allocation—which is the investment side of it—but the location of where you hold it and the tax impact of that.”
“There are so many things we can’t control, but one of the things we can control is where we put money from a tax perspective and how that’s going to affect not only your finances this year, but into the future.” - Fiat Wealth Management