The True Cost of a Financial Advisor Revealed

In a society where people turn to social media for help deciding between paint colors, it’s unthinkable that so many of us continue to entrust our financial futures to… ourselves.  The information is on the web, but people aren’t sure whether they can trust their money to a financial advisor. The numbers are there; the cost of not trusting a financial advisor is higher than working with one.

Financial Advisors Boost Account Growth

According to an article in Investopedia, financial advice can add about 3% to your account growth over extended periods. So, why do some Americans continue to walk the financial road alone? Are people concerned the cost will outweigh the gains?

Financial Advisors Cost Less Than You Might Think

If you are thinking you can’t afford a financial advisor, maybe you should be thinking that you can’t afford to skip financial advice from a professional.  The accounts are likely to grow more, based on statistics on licensed, trained financial advisors and the costs are lower than most think.

That’s right, the fees financial advisors charge are often less than most people think while the benefit of the professional advice often surpasses an advisor’s cost.

Additionally, financial advisors don’t usually charge an upfront fee for their services.  Instead, they charge a percentage fee for Assets Under Management (AUM) of between 0.59 – 1.18%.  A 2021 Advisory HQ study found that the average Assets-Under-Management fee for a $50,000 account was about 1.18% or $590. That still puts their clients ahead on the account.

Concerns Over How to Find The Right Financial Advisor

For other Americans, the reason they’ve never enjoyed the experience of a financial advisor is they simply don’t know where to find one, or how to evaluate their ability and pricing. Here’s the thing: it costs nothing to call and speak to an advisor at Americore Group. 

The Call is Free

Making that call puts you under no obligation but it could deliver enough information for you to decide which direction you need to go. By making the call, you could give yourself and your family a better future, and you don’t lose any control over the process. 

What You Could Discover

Dennis Bays of Americore has a exclusive niche that allows him to help you with your financial planning even if you already found a financial advisor. His unique skills and experience help guide clients to the right programs for them.  Finding the right programs is the first step, but Dennis Bays also helps guide people through the application process, where most people and business owners get stalled out.  Working with Americore means not just finding a financial advisor, but uncovering a world of stellar programs the protect your wealth and create a stronger financial future.

So the true cost of a financial advisor is offset by the benefits the right financial advisor can deliver. More importantly we can tell you about the cost of not working with a financial advisor.  Your return on investment is statistically likely to be lower. You won’t be as likely to access the same level of credits, rebates and refunds.  We can help reduce your tax liabilities and improve your cash flow.  So isn’t that worth the time for a phone call or contact form?