Don’t be afraid of your financial advisor

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Laura Biskupic Marketing Director

An astounding 71% of Americans say they’re afraid to speak with a financial advisor, according to a recent survey by the Harris Poll.

In addition to cost concerns, many of the people cited said they were afraid an advisor would give them bad news about their financial situation.

The quickest way to ease these fears, of course, is to sit down with a financial advisor. We suggest choosing an advisor who is also a fiduciary, which means he or she sits on the same side of the table with you, gets paid on a percentage of your assets, and makes money when you do.

As Madam Curie said, “Nothing in life is to be feared. It is only to be understood.”

In the face of long life expectancy, it is critical to understand the obstacles you may face in your retirement. A financial advisor will encourage you to take a thorough look at your finances, which might be painful, but he or she also will talk you through solutions.

Together, you can set up a budget, track your 401(k), Roth or traditional IRA contributions, optimize your Social Security withdrawals, review your insurance needs and talk through options to cover yourself and your family in the event of a debilitating illness.

A qualified financial advisor works as an ally to combat the real fear in life, outliving your financial resources.

Our clients tend to find genuine enjoyment in their meetings with our advisors. They provide an opportunity for reflection, goal setting, and genuine camaraderie.  The meetings become touchstones and include laughter and respect, photo sharing and family pride, encouragement and prayers.

If you find yourself among the nearly three-quarters of American adults who are afraid to talk to a financial advisor, pick up the phone and call us today. You’ll be surprised at how much you’ll enjoy the conversation.