Does The Value of an Advisor Affect Your Portfolio?
Research by Vanguard* and Russell Investments** have shown a potential for at least 3% in additional net returns produced by having an advisor who provides cogent financial planning, portfolio management, and guidance. In other words, having a financial planning firm serving your needs and paying attention to your goals and investments brings value that often can exceed the fees charged.
*Vanguard Research, 2014, “Advisor’s Alpha”
**Russell Financial Services, Inc, 2015, “2015 Value of an advisor: Once again, greater than 1%”