Why Financial Advisors are Worth It

Financial Advisors

Learn six reasons why it is worth it to work with financial advisors.

Whether you want to start saving for retirement, build a college tuition fund for your children, get debt under control, or learn about estate planning, you may have considered reaching out to financial advisors. There are many common questions involved when working with an advisor that relate to costs, fees, niche markets they may specialize in and more – all questions that might have you wondering if the expense is worth it. Working with a financial advisor can provide a wealth of benefits for those who haven’t saved diligently for retirement, are trapped in debt, are lacking multiple types of insurance protection, or haven’t created a solid plan for their “golden years.”

Still wondering if hiring an independent broker dealer is worth it? Consider these 6 reasons:

1. Increased Access

One important aspect to a successful financial plan is having the opportunity to diversify your portfolio. A skilled and experienced financial advisor could potentially offer you different types of investment accounts and finance-related strategies that would not be accessible to you as an individual investor.

2. Having an Accountability Partner

For some investors, staying focused on a long-term financial/investing plan or savings goal could be difficult. To be sure you stay true to your goals, it is a good idea to have a neutral partner working alongside you that can help you stay accountable and remind you of the importance of your actions.

3. Getting a Reality Check

It isn’t uncommon for “incredible” investment opportunities to come around often. And while some may seem like the investment of a lifetime, a competent financial advisor can shed a realistic view on the pros and cons of said investment, offering you objective and reliable advice.

4. Proper Use of Your Time

Trying to create an investment plan or educate yourself on retirement plans, investment vehicles, etc. can literally take tens or hundreds of hours of commitment. Use your time wisely by garnering the help of an experienced and capable advisor who has already completed thousands of hours of schooling to become an expert in his or her craft.

5. Shift Your Focus

Investing on your own can take valuable time away from other important life activities, and for new investors, it may be a source of stress. Working with a financial advisor can free up your time so you can spend it with family, on your favorite hobby, traveling, etc.

6. Be in Charge of Your Taxes

Finding a financial advisor who can work alongside your CPA, or finding an advisor who is also a CPA or knowledgeable in tax matters can be beneficial. He or she can help you plan ahead of time for tax matters, helping you minimize your tax burden, properly plan for portfolio gains or losses, time your charitable giving, etc.

If cost is still a concern regarding hiring a financial advisor, there are many who offer various fee structures. Gain objectivity, increased investment opportunities, confidence and so much more when working with an investment professional. You can learn regarding what to look for in an independent broker dealer by visiting www.SummitBrokerage.com. Summit Brokerage Services has been voted the #1 boutique independent broker dealer in the country. Let us show you why! To experience the Summit difference, learn more about our network of independent financial advisors, and begin creating your financial planning documents, visit https://www.summitbrokerage.com or call us at (800) 226-2660.


About Summit Brokerage Services, Inc.

Summit Brokerage Services is part of Cetera Financial Group. Summit Brokerage provides a broad range of securities brokerage and investment services to primarily individual investors. Summit Brokerage also sells insurance products, predominantly fixed and variable annuities and life insurance through its subsidiary, SBS Insurance Agency of Florida. Summit Brokerage also provides asset management services through its investment advisor, Summit Financial Group, Inc.


About Cetera Financial Group

Cetera Financial Group® (“Cetera”) is a leading network of independent retail broker-dealers empowering the delivery of objective financial planning advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions.  Cetera is the second-largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations.  Independent financial advisor support resources offered through Cetera include award-winning wealth management and financial planning and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology.  For more information, visit www.ceterafinancialgroup.com.

*”Cetera Financial Group” refers to the network of retail independent broker-dealers encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, First Allied Securities, Girard Securities, and Summit Brokerage Services.


All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.


Content created by Summit Brokerage Services, Inc.

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