Why do I need an advisor?

2017 Value of a fiduciary advisor: more than 4%

4th May, 2017

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2017 Value of a fiduciary advisor: more than 4%

From: blog.helpingadvisors.com

Updating our annual “Value of an advisor” study for 2017 seems especially relevant given the spotlight that the DOL fiduciary rule has shone on all manner of fees in recent months. Regardless if the fiduciary rule is materially changed or not during the current delay, the fact remains that fees – and the value clients derive from them – are forefront…

Putting a value on your value

28th Jan, 2017

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Putting a value on your value

  • The value proposition of advice is changing. The nature of what investors expect from advisors is changing. And fortunately, the resources available to advisors are evolving as well.
  • In creating the Vanguard Advisor’s Alpha concept in 2001, we outlined how advisors could add value, or alpha, through relationship-oriented services such as providing cogent wealth management via financial planning, discipline, and guidance, rather than by trying to outperform the market.
  • Since then,…

6 Key Value Propositions A Good Financial Planner Can Provide

28th Jan, 2017

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6 Key Value Propositions A Good Financial Planner Can Provide For Clients Seeking A Better “Return On Life”

From: kitces.com

The Varying Value Propositions Of Financial Advisors

In the world of investment advice, defining a value proposition is relatively straightforward. Advisors can offer superior investment selection, better investment analysis, effective diversification and risk management, built on the foundation of a quality investment process, all in pursuit of the investment holy…

Evaluating Financial Planning Strategies & Quantifying Their Economic Impact

27th May, 2016

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Evaluating Financial Planning Strategies & Quantifying Their Economic Impact
Kitces Report

From: kitces.com

For any financial planner who charges for their advisory services, quantifying the value (or value-add) of good financial planning advice is crucial in order justify the cost. At the most basic level, no service business is viable – financial planning or otherwise – if the value of what’s delivered fails to exceed its cost.

Yet ultimately, the exercise of trying to…

10 Benefits of Working with a Financial Advisor

23rd Mar, 2016

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10 Benefits of Working with a Financial Advisor

From: FundChoice

1. Financial Health Assessment
We tend to be biased when evaluating our finances. A financial advisor will assess your current financial health from an objective standpoint.

2. Tailored Goal Formation
From professional and personal to health and familial, setting goals is a daunting task. The right financial advisor will help you draw a financial thread through your ambitions and set appropriate, realistic, and manageable fiscal…

Envestat Intersection January 2016

21st Jan, 2016

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As we start a new year, many of us have made a resolution to get healthier in 2016. Most New Year’s resolutions are focused on physical health—but financial health is equally important. We contend that advisors are essential to the financial health of their clients. More than ever, they provide immense value, due to the digital advice movement. At the same time, they also are required to better articulate the value they bring to…

Bad Behavior Cost Mutual Fund Investors 8 Percentage Points in 2014: Dalbar

27th Apr, 2015

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Bad Behavior Cost Mutual Fund Investors 8 Percentage Points in 2014: Dalbar
Lou Harvey laments the scarcity and necessity of advisors’ client hand-holding

From: thinkadvisor.com

Calling all conscientious advisors: Dalbar’s latest investor behavior study shows — for the 21st time actually — that investors are their own worst enemies and that good advisors who step up and manage investor behavior can be their best friends.

The Boston-based consulting firm just released its famous…

Why Paying for Financial Advice Makes Sense

7th Apr, 2015

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Why Paying for Financial Advice Makes Sense

From: nytimes.com

If you are lucky to earn more money than you need each month, there was probably a time when you could have used some advice about how best to spend, save and protect it.

But if you looked around for a big national firm that swore to do the right thing, you would not have found it. Doing it right means putting your interests…

Why the big broker behind your financial adviser might be working against you

31st Mar, 2015

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Why the big broker behind your financial adviser might be working against you

From: marketwatch.com

They say that if something looks, acts and quacks like a duck, it must be a duck.

But what if you take a bite of it and it tastes like chicken?

That’s the conundrum facing the financial-services world right now as the big brokerage houses try to convince the public through advertisements and actions that they are fiduciaries — putting…

Award-Winning Research Explains Perplexing Investor Behavior

19th Mar, 2015

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Award-Winning Research Explains Perplexing Investor Behavior

From: northwestern.edu

Why are investors so keen to invest in growth firms like Uber or Facebook—growth firms that seem risky yet have historically produced low average returns—when, say, value stocks like General Electric seem like such an attractive bet?

In new research, Dimitris Papanikolaou, an associate professor of finance at the Kellogg School, investigates. His research recently won the Amundi Smith Breeden Award for best paper in…