“I don't need a financial advisor. I do everything financially for our family."
This may be exactly why you need one.
Yes, there are all kinds of self-service options nowadays, which can work out for the financially savvy. There are resources online galore that help people pursue financial education, and trading apps and commercials selling this very thing.
But some people have no interest, and that person may be the one you love the most.
When you have a spouse and a family, there is more to consider than your abilities.
Have you considered what might happen if you are no longer around?
I know, I know. That is a rather morbid thought.
But this priority should be at the top of your list.
May I be blunt? If it is not at the top, you may not be as savvy as you think you are.
"But my loved one knows where all the documents and passwords are," you retort.
Well, good, but not good enough.
Who are they getting advice from once they are staring at the bills, financial and legal documents, and logged into their bank and trading software?
Think about surrounding those you love with someone you trust now while you are still quite capable.
About that. Capability.
We live in a complex world saturated with constant news. There is always something to be afraid of, greedy for, angry at, or disgusted with.
All of us are prone to FOMO or would've, should've, could've.
Sometimes independence can be a barrier to financial independence because of personal biases.
“They are too expensive.”
So are investment mistakes. The cost of a trusted financial advisor may be worth far more than the cost of investing in the wrong things or not investing at all.
Who knows? You may find value in a financial planner as a partner to help you reach your financial goals.
Why not ask your loved one right now what they plan to do if you are gone or unable to help?
"I'll do it later," you say.
Later is sooner than you think.
This might sound like someone you know.
If so, consider sending them our way.
Or this might be you.
Why not reach out to us?