The Role of Financial Advisors Beyond Investments

On the surface, it's easy to think of a financial advisor as someone who just gives you a list of investment opportunities. When you put it like that, it almost sounds like you're gambling. In this blog post, I Jeffrey Brault, will show you how financial advisors do a lot more than just tell you where to put your money.

Gives You A Realistic Goal

It's easy to say that you want to be a Millionaire by the time you retire, but what does that even really mean? Will one million dollars even be enough to sustain you given inflation and longer life expectancies due to medical advancements?

No one can know for sure, but it's a financial advisor's job to help you prepare for the worst case scenario.

Keeps You On Track

It's a good idea to keep in touch with your financial advisor, and regularly update the goals that you've set together by taking into account new income, expenses, and plans for the future. In fact, a financial advisor should be involved in every major life event that affects your finances, whether getting married, moving to a bigger residence, changing jobs, or coming into an inheritance.

You can also look at your financial advisor as someone who you can hold yourself accountable to in order to reach your financial goals. Much like a nutritionist or a personal trainer, a financial advisor won't just tell you what investments are good for you, but he or she can help motivate you to keep at it.

Helps You Ask the Right Questions

What happens if I lose my job tomorrow? What would a divorce do to my 10-year plan? Can I keep myself afloat while I set up my own business venture?

A financial advisor like Jeffrey Breault can help you make an informed decision whenever you're at a crossroad.


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