Do you need a Financial Adviser?

A?financial adviser?advises clients on taxes, trusts, insurance, retirement, estate, and succession planning.

Achieve your goals

An adviser will help set financial goals so you feel confident that your plans are achievable.?

Financial advice can help with essential markers in your life, like when you're planning on starting a family, being retrenched, planning for retirement or managing an inheritance and succession requirements.?

Deciding whether you need a financial adviser depends on the complexity of your finances, understanding where you are in your financial journey, and achieving your goals in the future.?

An adviser will work with you to close the gap between where you are financially today and where you'd like to be.?

For most people deciding to work with an advisor requires some information-gathering plus a bit of self-reflection.

When you've got financial questions, do you seek the answers through the internet or maybe your friends, self-proclaimed online celebrities or influencers? Financial advisers can cut through the noise and provide expert and timely advice explicitly tailored to your needs.

They will work with you and assess your financial situation, understand your current and future goals and objectives and create a plan to get you there professionally.?

As clients are all unique, some have complex financial situations, and you will benefit from a financial advisor. An adviser is essential when facing a life change, think marriage, a divorce or an inheritance.

Face-to-Face

In-person, face-to-face advice better fits those with complex requirements or ongoing planning needs. An adviser will provide holistic advice as private clients can have assets in multiple jurisdictions but not understand the various tax liabilities in life or death.?

When you meet with an advisor for the first time, you must know what you need from the advice. An adviser should take the time to discuss what's important to you and ask about your short and long-term goals before they make any recommendations.

Summing Up

• Financial advisers help clients look at and prepare for their long-term financial future.
• People who understand and have time to manage their finances do not need financial advisers.
• Professional advice is strongly recommended if you are preparing for a raise, an inheritance, a divorce, retirement, taxes, or another major financial decision.